Frequently Asked Questions (FAQ's)
What is the initial investment?
With the introduction of our great new Mini stores the initial investment for a brand new store starts from just $120,000 + GST including franchise fees, shop fit, equipment and training.
We also require you to have between $30,000.00 - $70,000.000 for start-up working capital.
In addition there are a number of existing stores available for sale nationally which we can discuss with you further upon enquiry.
What does it take to financially qualify?
Applicants will be required to substantiate adequate unencumbered funds and have a debt to equity ratio of at least 60:40 of the total investment. You will need to organise your own finance and you will be required to submit a pre-approval letter from your bank to Wendys prior to your Approval to Purchase interview.
What is the franchise fee?
The franchise fee is $2,500.00 + GST per annum payable in full on execution of the franchise agreement.
What ongoing fees are payable?
The franchise service fee is 6% and the marketing contribution is 4%. Both are payable by you weekly, calculated against the gross turnover of the business.
You will also be responsible for all rental payments for the business pursuant to a licence to occupy, however Wendys will be the lessee pursuant to the lease.
Additional information regarding fees will be provided in the Franchise Information Pack, once you submit your enquiry.
How much money can I make if I purchase a new Wendys store?
The amount of profit made is dependent on many things, including store location, rent and the attitude and drive of the franchisee. Applicants will be required to submit a business plan and cash flow budget for the chosen Wendys business to forecast future profitability.
What are Wendys looking for in a franchisee?
While running a Wendys is seriously good fun, it's also a serious decision to take on the responsibilities of running your own business.
We are looking for people to join our team of experts in all things yum. This means you'll have a passion for customer service, thrive on making people happy and will be fully committed to providing the best treat experience for every customer, every time.
Click here for detailed applicant criteria
Do I have to work in the store?
Yes - Wendys stores are owner operated businesses and we require the nominated operator to work a minimum of 30 hours a week in the store. Wendys does not approve applicants simply looking for an investment - running a successful store takes time and commitment and we are looking for franchisees who love the Wendys brand just as much as we do.
What training do you offer?
Wendys offer a comprehensive 5 week training program. Weeks 1 and 2 are spent in an accredited franchisee training store in your state, where you'll learn about all things yum and how to operate a Wendys store. Week 3 is held at our National Support Office in Adelaide where you'll learn how to successfully operate your new business, including recruitment, local area marketing, financial management and more. Week 4 is spent back in the accredited franchisee training store ahead of the final week, which you'll spend in your very own store with your Regional Manager alongside you for support every step of the way.