August 8, 2019
Owning multiple thriving businesses is, of course, better than owning just one. But the road to achieving that business empire can often be difficult to traverse and littered with uncertainties. Opening a single sandwich shop franchise with Primo Hoagies will be a dream come true for many entrepreneurs, but we offer multiple sandwich franchise opportunities for those who truly have their sights set on a sandwich empire. Indeed, opening multiple sandwich shop franchises can help you gain a solid foothold in the market, gain an advantage over your competitors, and benefit from multiple revenue streams. Here’s what investing in multiple sandwich franchise opportunities looks like with Primo Hoagies.
Multiple Revenue Streams
One of the most valuable aspects of owning multiple units is the ability to reap the benefits of multiple revenue streams. If one of your locations is performing exceptionally well, for example, you will be in a better position to recoup any losses from another location that may be struggling. And in the best possible scenario, if all of your units are generating a large margin of profit, you will be seeing a significant return on your investment. Primo Hoagies also helps our investors identify the best sites for new sandwich franchise opportunities, so they can target their desired market and capitalize on demand.
Maintaining an abundance of resources is key in franchising, and owning multiple units will eliminate the stress of being short on supplies. When you open multiple sandwich shop franchise locations, they won’t be operating independently from one another. You will be able to share resources between them as needed (depending upon their proximity), and give yourself peace of mind that there’s always a “backup plan.” These supplies could be anything from receipt paper to sandwich ingredients, and even staff. The convenience of shared resources makes multiple locations integral to running a smooth sandwich shop franchise operation.
Industry Strength and Growth
There’s no better time to open multiple locations in the sandwich shop industry. Consumer demand for a convenient sandwich product is at an all-time high, with Market Research projecting that in 2019, sandwich shop franchises will generate over $25 billion in revenue. With the market of the fast casual restaurant industry trending upward, opening a sandwich shop with PrimoHoagies has never been this exciting.
To learn more about the benefits of opening multiple sandwich shop franchise locations, to get your questions answered, or to get started, don’t hesitate to contact us today.