A Master Franchisee, also called
a Regional Developer, has the rights to a larger area than that of
an Area Developer. The Master Franchisee, in addition to opening
franchises at a much reduced franchise fee and paying only ½
(one-half) of the standard royalty fee, can also sell single unit
franchises, multi-unit franchises and area development franchises
and profit from each sale.
The Master Franchisee receives ½ (one-half) of
the royalties and franchise fees paid by each franchisee in the
Master Territory. There may be additional income available from
distribution of products through the franchisees in the area and
possibly even some real estate interest.
The Master Franchisee becomes somewhat of a
sub-franchisor for the area, without having been subjected to all
the trial and error experienced by the founders of Wingman. The
Master Franchisee will be required to open and operate one unit
(pilot location), for income and to use as a training center.
The initial investment is quite low compared to
the type of value you can build as Master Franchisee. The
flexibility for the franchisee is also greatest at this level.
|