How much does a franchise cost?

Sarah Stowe
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Buying a franchise can be an affordable purchase, or a major investment. Franchise brands operate right across the price spectrum so it’s a matter of matching your budget to what’s available.

However the sale price is unlikely to be the final figure that you will spend. What’s included in the cost of a franchise varies, with a number of factors that determine that. Then there will be the added extras.

Key points highlighted

In this podcast we consider the broad price range of franchises, discuss what could be included in the cost and what’s not, and where to go to get more advice.

Show notes

What it costs to buy franchise is dependent on a number of factors.

The disclosure document and franchise agreement will give insights into the standard franchise fees, and upcoming expenses.

It’s worth getting a second opinion on what a franchise costs before committing to the purchase. It is important when seeking advice from an accountant that your chosen expert understands the nuances of franchising. The Franchise Accountants Network and the Franchise Council of Australia are useful resources.

You can find out more about due diligence and the steps to take before you buy on the ACCC website

Download your free handbook

Inside Franchise Business has produced a Franchise Handbook. This free downloadable guide brings together the most useful and important information and expert advice on buying a franchise. It’s also available in bite-sized articles so you can select what you want, when you want.

You can also listen to the Buying a franchise podcast series. This is an easy way to digest useful information about the buying process and what to look out for as you research franchising.

We recommend obtaining professional advice from an accredited advisor before relying on information in this podcast. The publisher, the authors, the editors, as well as all their respective employees and agents, shall not accept responsibility for loss or damage arising from reliance on information in this publication.