Are you already an experienced franchisee with a deep understanding of how franchising works? Have you managed multi-unit teams and been involved in franchise recruitment? Do you have the investment level required for Master Franchising?
As the Master Franchisee/Area Developer, you purchase the rights to develop a defined area for a specific franchise. It’s then your job to seek out and recruit franchisees to operate the franchise units in your territory and train them and support them as they get their units up and running. As a Master, your initial investment level is higher than for a single unit, and generally you retain a percentage of the franchising fees from each franchisee in your area.
Master Franchising requires a certain level of experience and investment, and with this you can benefit from long-term revenue flow.