September 27, 2019
If you have a question about franchising and want the concrete answers to learn more about a brand, the Franchise Disclosure Document (FDD) is most likely going to give you what you need. Before opening your location, all PrimoHoagies franchise owners have the chance to review this extensive document. The FDD is a legal evaluation and breakdown that consists of up to 23 items or sections, each summarizing separate parts of a brand’s specific franchising experience. Let’s take a look at a few of the topics an FDD touches on and what you can expect to learn about the PrimoHoagies franchise.
Business History
Potential investors might assume that the FDD is just a slew of legal jargon–however, there is an incredible amount of relevant information that we cover in this document. For instance, in the first section, you will be able to review the franchise company’s history and affiliates. Included is the history of our company, owners, and all of the business experience that our corporate team has accumulated. When you sign up with PrimoHoagies, you will become a valued member of our widespread family. These sections will give you a good idea of the team that you will be joining and what work has gone into our brand besides the creation of our delectable sandwiches.
Investment Insight
The most prepared investors are the ones who completely understand what they are financially committing to. While our company background gives you insight into the brand behind the sandwich, our investment breakdown goes plenty deeper into the logistics behind the money. In this section, you will be able to form a concrete understanding of the financial aspect of a franchise investment with PrimoHoagies. This section includes a chart with the title of each expenditure, the amount that will be committed to it, and payment due date. Also, if you have any questions, feel free to ask: our team of franchising experts is here to help you understand every and any aspect of this legal document.
Training Breakdown
For many investors, the aspect that excites them most about the franchising experience is the ability to jump on the fast track to becoming a business owner without the need for a business management background. For that reason, the training period in your franchise experience is undeniably valuable, which is why it is highlighted and broken down in the FDD. This section includes information on the training and pre-opening assistance you can expect from your franchisor. Our support goes well-past the day that you open your doors, and is something you’ll have a chance to learn about in the FDD.
Performance Numbers
We want franchisees to have as much context as possible before making a financial commitment to our company– it’s part of formulating an educated decision. This portion of the FDD breaks down the individual costs that will come into play when operating a PrimoHoagies location and also the average annual sales numbers that have come from many of our sites. You’ll get to learn more about our shops, how many we have opened annually and where they are located. Prospective franchisees can make inferences about the performance PrimoHoagies franchise could have in their desired area based on the numbers we have accumulated in the past years of operation.
Would you like to take the first step in starting your PrimoHoagies franchise experience? Contact us today and request a copy of our FDD.
