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Master Franchise Opportunities in Canada
Canadian Master Franchise Businesses for Sale
The standard method of franchising, known as "direct franchising" is just one system that a company might use to build its brand across the world. Another franchising method called "master franchising" offers a different way of building your franchise business. Master franchising comes with several distinct advantages that can make it a better business choice for the franchisor.
Basically, the way Master Franchising works is a franchisor sells the rights to develop the franchise in a specific territory to one person or entity called the "Master Franchisee". As the master franchisee it would then be your job to seek out other franchisees to operate the franchise business underneath you, as if they were subcontractors. Your franchisees pay their royalty fees to you, and you get to keep a percentage of those fees while the rest goes to the head franchise company.
If you’re up to the task of greater responsibility, master franchising could be for you. When done well, there is enormous money making potential in master franchising opportunities and it takes dedication and hard work to get to that point.
If you’re thinking of buying a master franchise opportunity in Canada, be sure to ask to contact a few current master franchisees to ask about their experience and get some advice. The people who run master franchises might be able to give you some important insight in your search. Take a look at our listings to see if there is a master franchise opportunity that looks good to you.
Anytime Fitness is not only the largest, but also the fastest-growing fitness franchise in the world. The alternative to over-sized and over-priced health clubs, providing a viable business model...
Learning to perceive in a new way- with Art Innovators and its programs for all ages, students learn to see the world differently. We offer visual and perceptual tools that are easy to learn. We...
BarBurrito is a proven Mexican quick service restaurant concept featuring gourmet burritos, quesadillas, tacos & salads. Mexican food is amongst the fastest growing cuisines in North America and...
Cellairis®, an industry leader in providing cutting-edge tech accessories and phone repairs, is committed to offering a wide range of modern and sophisticated products for every personality.
Famous Dave's is the most award winning and largest BBQ restaurant in the United States. Own the opportunity to be part of the only full service BBQ concept that can duplicate the quintessential...
We offer franchisees a tremendous investment opportunity,capitalizing on the market demand for quick, quality and experienced beauty services.
As a trained professional exhaust hood cleaning technician, you will participate in a fast growing profitable industry. Complete training, ongoing support and national accounts.
House Calls Health & Wellness provides diverse home care services to a broad range of clients making it an innovative and lucrative franchise option.
Monkeynastix is a fun and challenging fitness movement education program developing physical literacy in children ages 1 to 8. Through our Physical literacy program we are helping children learn and...
Renobac Business Opportunity is a container rental business servicing the renovation market in Canada.
Taylor & Colt is Canada's first full service barberspa franchise providing full hair and esthetic services in a spectacularly designed upscale but comfortable atmosphere.
More About Buying a Master Franchises Business in Canada
Not everyone should be or could be a great master franchisee. Not only does it take a significant up front fee to buy master franchising rights, but you also need to exhibit a certain acumen for sales, management, and leadership; traits that are crucial to your franchise success.
A master franchisee’s first job is to find franchisees to buy units in his territory. If you can’t sell, if you can’t get people interested in your franchise, then you won’t go very far. As a master franchise owner you will also have to recruit, train, and support the franchisees that you hire, and this is why you’ll need to function well in a support role. As a master franchisee you are acting as a sort of mini-franchisor, so you have to take on many more responsibilities than a typical franchisee.
Master franchising is not for newcomers. The incentive is there to hire the best people and train them properly since the master franchisor gets a portion of their royalty payments. But just as the successful master franchisor can reap a bounty of rewards, they must also be able to face a greater number of setbacks or headaches. This is not only true because of the high investment level, but also for the sheer level of business savvy it takes to really nail the intricacies of master franchising.
But master franchising gives you a method to entering the franchise game at a higher level. It is closer to a partnership as the franchisor is leveraging the master’s capital to grow the company, and the master is using the franchise to further their business portfolio. Both parties need the other to perform their best for the system to work.
Although master franchising offers many benefits like faster growth and better access to capital, it is only as good as its weakest link. If the franchisor’s business model isn’t up to par, then even the best master franchisor will have trouble bringing the company to market. But on the other hand, even a solid gold business model won’t be enough to make a splash if it is put in the hands of an ineffective master franchisor.
The master franchise system is popular with these types of franchise opportunities:
Fast Food Chains
Real Estate Firms
Computer Equipment Providers
These are franchise business markets that are in demand in most Canadian provinces and territories, so the franchisors can gain a lot by choosing this master franchise route. The increased market penetration and faster growth are why franchises in these industries go with the master franchising system.
If you think you’ve got what it takes to run a master franchise, take a look at our Canadian franchise listings. Always do your due diligence and ask around to find out what current franchisees are saying. Preparation, as it is with most things, is the key.