Frequently Asked Questions (FAQ's)
What is the initial investment?
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. You will need to organise your own finance and you will be required to submit a pre-approval letter from your bank to Wendy’s prior to your approval by Wendy’s.
What is the franchise fee?
The franchise fee is $5,000.00 + GST per annum payable annually.
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.
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 Wendy’s business to forecast future profitability.
What are Wendys looking for in a franchisee?
While running a Wendy’s 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.
Do I have to work in the store?
Yes - Wendy’s stores are owner operated businesses and we require the nominated operator to work a minimum of 30 hours a week in the store, running a successful store takes time and commitment and we are looking for franchisees who love the Wendy’s brand just as much as we do.
What training do you offer?
Wendy’s offer a comprehensive training program, which includes time spent in an accredited franchisee training store in your state, where you'll learn about all things yum and how to operate a Wendy’s store, as well as time spend with your Regional Manager where you'll learn how to operate your new business, including recruitment, local area marketing, financial management and more.