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Fast Food options

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  • 11-12-2014 12:42pm
    #1
    clive9564
    Registered Users Posts: 2 ✭


    Hi all
    I have sold a business recently and have money to invest in new year.
    Any suggestions to fast food franchises or am I better independent independent.
    In an independent fish and chip shop is where I started in business 15 yrs ago and it was very very good to me.
    I do have the liquid capital for a franchise (with possible exception of Mc Donalds)
    I have a 6 figure sum to invest....
    Any help is greatly appreciated...Thanks Clive


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    #2
    syklops
    Closed Accounts Posts: 18,966 ✭✭✭✭syklops


    Is there an absence of any one particular franchise in your area. You don't want to do a subway franchise, for example, in an area where there is three other subways nearby.

    You have experience being an independent fish and chip shop owner, how does the cost/work ratio compare to that of a franchise?

    Where are you living? If in a city, I'd say go independent. If in a rural setting I'd say go with a well known franchise which doesn't have a competitor nearby.


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    #3
    jimmii
    Registered Users Posts: 14,810 ✭✭✭✭jimmii


    As mentioned above location would be a big factor in which is the best option. Have you franchised before? You might find having your hands tied like that might not be what you are really looking for.


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    #4
    clive9564
    Registered Users Posts: 2 ✭clive9564


    I have franchised convenience stores, so I'm pretty with the concept of franchise.
    I am looking at two options/ premises , one 30 mins from Dublin in a large town and the other in southern Suburbs of Dublin..
    Both are prime locations , no expense will be spared in putting the business in a high population/footfall area....


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    #5
    jimmii
    Registered Users Posts: 14,810 ✭✭✭✭jimmii


    McDonalds is the obvious one price might not be too crazy in the out of town option. Whats the competition in the large town?


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    #6
    Gloomtastic!
    Registered Users Posts: 8,485 ✭✭✭Gloomtastic!


    Was reading an article on Eddie Rockets a few days ago. http://www.independent.ie/business/irish/eddie-rockets-flips-50m-annual-turnover-30804351.html

    They are on the lookout for new franchisees. They have their new concept called 'Rockets'. Not sure what it is but I think it's a slimmed down version of the Diners.

    It's a good franchise to get into, they always seem busy, round here anyway.

    Chocolate Malts nom!!!!!!:pac:


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