Nothing says mixing business with pleasure like operating a family-owned business. An emerging family-owned franchise to consider is Woods Family Sandwiches. The brand was founded in 2015 by Daelyn Woods in Henderson, Nevada. Prior to opening the sandwich franchise, Woods owned and operated a Mexican restaurant in England. In addition to the traditional sandwiches, Woods Family Sandwiches also offer wraps, salads, and soups. Customers appreciate the ability to go “off menu” and create their own subs, using the “Build Your Own” ordering slips available at the counter. Franchisees benefit from a proven system and in-demand, feel-good products. Ideal candidates are passionate about customer service and providing a quality product. Since franchisees are provided with great support and training, you don't necessarily need prior business experience, but it is a plus.
Support and training is broken down into three sections. The first phase involves an orientation program. The second part of the support and training program details everything you need to know about running the business. This includes hiring, marketing and advertising, managing finances, and more. Lastly, the franchisor will help you with the grand opening of your restaurant. The franchisor also assists with marketing and social media, which are indispensable to your business. In terms of the initial investment, it ranges between $123,800 - $188,500, which includes a one-time initial franchise fee of $25,000. Royalty fees are 5.5% of gross sales. Qualified candidates have a net worth of at least $25,000 and $25,000 in cash or other liquid assets. Your competition will be decreased with a protected territory.