Winner Winner Franchise FAQs
You probably have a lot of questions, maybe we can help put some of those to bed with these frequently asked questions, specifically around Winner Winner franchising. You can find general Group Franchise FAQs here. Other brand FAQs can be found here for BurgerFuel and here for Shake Out.
I have some general questions, or would like to speak to someone.
How much does it cost to build a Winner Winner store?
The cost to build a standard Winner Winner store in New Zealand sits around $500,000, however costs can go up or down considerably depending on the type of store required for the location, the format of the store and the expected store volume.
What is the cost of purchasing a Winner Winner franchise area and training costs?
$40,000 franchise fee + $20,000 training fee.
How much royalty do I expect to pay to the franchisor?
Royalties are currently set at 5% of net turnover, calculated monthly.
How much is the advertising contribution to build the sales of my store?
4% of net turnover, calculated monthly.
Can I invest in a Winner Winner and run it under management?
Franchising is an owner-operated business format and our most successful stores have the franchisee at the helm each day. However, should a prospective candidate have an investment partner who is prepared to share some of the financial risk in setting up a Winner Winner franchise we will consider this on a case-by-case basis.
What is the minimum cash unencumbered amount I must have to be considered for a franchise?
60% of the in-going capital is generally required and recommended, however, Winner Winner believes finding the right person is more important than funding and will consider all applicants on a case-by-case basis.
How long is the training?
10-12 weeks under the Winner Winner training program. Franchisees must be prepared to travel to Hamilton for their training, if required.
What are the expected returns from owning a Winner Winner franchise?
This area will be discussed through the selection process to the satisfaction of the applicant.
How long does the franchise agreement last?
10 years with a right of renewal based on performance for a further 10 years.