Franchise FAQ

how much is a wagamama franchise

by Juanita Cartwright I Published 2 years ago Updated 1 year ago
image

Full Answer

See more

image

Does Wagamama franchise?

Wagamama is a British restaurant franchise, inspired predominantly by Japanese cuisine. The brand has locations across the UK and has also expanded overseas, with over 60 restaurants across Europe, the US, and the UAE.

What is the best food franchise to open in UK?

Here are the top 12 best food franchises in the UKSUBWAY. Founded in: 1965. Franchising since: 1974. ... Dunkin' Donuts. Founded in: 1950. Franchising since: 1955. ... McDonald's. Founded in: 1955. ... Dairy Queen. Founded in: 1940. ... Papa John's. Founded in: 1985. ... KFC. Founded in: 1930. ... Pizza Hut. Founded in: 1958. ... Burger King. Founded in: 1956.

How much is it to start a franchise?

Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.

Who is the owner of Wagamama?

Wagamama Group LimitedWagamama / Parent organization

How much is a KFC franchise UK?

On the Kentucky Fried Chicken UK website, the company states that aspiring franchise owners must have £5 million in assets and £2 million in liquid capital. The franchise fee, which is payable upfront, is approximately £38,000. The balance is to set up and operate your new business.

What's the cheapest franchise restaurant?

Top 10 Cheapest Food Franchises To OpenSubway. Subway is an international fast-food sandwich chain that advertises heavily and brings in many customers. ... Baskin-Robbins. ... Domino's Pizza. ... Chester's. ... Cold Stone Creamery. ... Mucho Burrito. ... Scooter's Coffee. ... Planet Smoothie.

What does a KFC franchise cost?

For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.

What franchise is the most profitable?

Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.

What is McDonald's franchise fee?

McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.

What does Wagamama mean in Japanese?

self-indulgentBrand. The word wagamama (わがまま) is Japanese for "self-indulgent", "self-centred", "disobedient", or "wilful" and is most often translated by the brand as "naughty child".

Does Wagamama have Michelin star?

Alan Yau (Chinese: 丘德威), OBE (born 11 November 1962) is a Hong Kong restaurateur who founded the Wagamama chain in the United Kingdom....Alan Yau.Alan Yau OBEAwardsOBE (2006), Michelin Star 2002 (Hakkasan), Michelin Star 2005 (Yauatcha)8 more rows

What country is Wagamama food from?

Wagamama began in 1992 in Bloomsbury, central London, by Alan Yau, who subsequently created the Michelin-starred Chinese restaurants Hakkasan and Yauatcha. It has expanded steadily to a national presence since, becoming a familiar feature on British high streets.

What fast food chain makes the most money in the UK?

McDonald's topped the list generating over 1.8 billion British pounds that year, followed by pub chain Wetherspoon and coffeehouse chain Costa. The restaurant and eating out market in the UK is dominated by fast food and quick-service restaurant chains....CharacteristicRevenue in million GBP--9 more rows•Jun 10, 2014

What fast food restaurant makes the most money UK?

GlobalData -Top 10 UK restaurant operators by revenueNando's Outlets – 392 (2017) Revenue – GBP 772 million. ... Subway Outlets – 2,378 (2017) Revenue – GBP 629 million. ... Burger King Outlets: 500 (2017) Revenue: (GBP£): 594 million. ... Pizza Hut Outlets: 679 (2017) Revenue: (GBP£): 536 million.More items...•

What is the number 1 fast food chain in the UK?

Co-op Food, Subway and Greggs are the largest food chains in the United Kingdom in 2022 based on the number of locations. Co-op Food has the most number of locations with 3,946 locations across 6 countries. Subway has 2,317 and Greggs has 2,229 locations in the UK.

How much is a Pizza Hut franchise UK?

Pizza Hut Franchise UKMin Personal Investment:£500,000Min Total Investment:N/ABFA Relationship:Exhibition AccreditedFranchise Type:RetailIndustry:Food

How much does a Wagamama franchise cost?

To start a new franchise with Wagamama, the initial franchise fee costs £40,000. Franchise partners are also expected to have at least £40,000 in liquid capital available, and further costs may be incurred in setting up a restaurant, including legal fees, lease charges, recruitment and more.

Where can you find a territory for a Wagamama franchise or a Wagamama franchise for sale?

Territories for new franchise opportunities are available across several countries as the brand is continually expanding. For up to date information on currently available franchise territories, contact the Wagamama franchise team by completing the enquiry form found on this page.

What sort of experience do you need to start a Wagamama franchise?

Potential candidates should have substantial previous experience in working with other large brands, as well as a good track record working in the retail industry. You should be able to demonstrate excellent leadership and management skills, and the ability to perform well under pressure.

What kind of training and support is available with a Wagamama franchise?

Wagamama has a dedicated team to support and help new franchisees to develop a successful business. The brand will support new franchise owners will all stages of the business and its activities, beginning with support in identifying the best location for an ideal return on investment.

How does Wagamama franchisee training work?

Wagamama start their franchisee training programme with a management process training, designed to train franchisees in all areas of running a business, and to help you establish the leadership skills needed to run the restaurant to its full potential. Each training programme is tailored to the individual needs of the franchisee, depending on previous experience and background, and may continue for a number of months, based on the franchise team’s evaluation of your ability and performance.

How much does Wagamama make?

The Wagamama brand has been enormously successful since its launch in 1992, and in 2017, reported a turnover of over £228 million. Its UK restaurants have been reported to earn £1.5 million a year, in sales.

What experience do you need to be a restaurant manager?

Ideally, you should have previous restaurant management experience, at a high level, and it can be helpful to demonstrate experience working with a similar calibre of brand .

Where to contact Wagamama franchise?

all franchise enquiries should come through to our international team in the uk office. if you wish to discuss an opportunity, please email [email protected] and someone will respond

When did Wagamama open?

at wagamama, we celebrate consistency and quality in everything we do. our ethos, developed since the first wagamama opened in london's bloomsbury in 1992, is 'to combine great, fresh and nutritious food in an sleek yet simple setting with helpful, friendly service and value for money'

Can a Wagamama franchise be sub-franchised?

the licence is granted to one operator in the territory and cannot be sub-franchised

Is Wagamama owned by the US?

our uk and usa wagamama restaurants are company owned. all our other wagamama restaurants worldwide are franchised. these include ireland, holland, australia, dubai, belgium, new zealand, denmark, turkey, cyprus, switzerland and egypt

How does Wagamama help franchisees?

Wagamama has teams dedicated in helping new franchisees in building their own restaurant and in guiding them in preserving the quality of our food. We will train you in our management processes with an on-going leadership program that is designed to attain the give your restaurant the greatest potential. The training may last for months depending on our evaluation on your ability. Our team will also help you decide on your desired location for optimal return of investment. Lastly, new franchisees have the benefit of wider advertising as every Wagamama are interconnected with the headquarters advertising new branches in other existing locations.

Where is Wagamama located?

His efforts reaped immediate success as his restaurant quickly gained popularity and a loyal customer base. By the year 2013, Wagamama celebrated the opening of its 100th restaurant in Hammersmith, London and as of 2016, we are present in 19 Western and Middle Eastern countries.

What is Wok and Go?

Wok&Go is a fresh, Asian fusion food chain, blending the best in Thai, Malaysian, Indonesian, Chinese [...]

What is the trend of Japanese cuisine in western culture?

The trend of Japanese cuisine in western culture and setting continues to grow and shows no signs of stopping. That is why we are always looking for people who wants to share our values and motivations when it comes to restaurant making, keeping and developing. As our philosophy suggests, we want people who will take us to the next level and are preferably with prior experience in working with a franchised global brand as well as in the retail industry. Moreover, we look for people who can manage performing at high demands and adapt in leading and motivating other people. If you believe that you’re up for the challenge, we require candidates to have a liquid capital of £40,000 and provide a franchise fee of £40,000.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9