Why become a Wimpy franchisee?
As one of the leading restaurant franchise groups in South Africa, we’re constantly looking to grow the Wimpy Family. When you become a Wimpy franchisee, you can rest assured that we will provide you with all the training necessary to help you make a success of your business. However, success will ultimately depend on your hard work and commitment.
Who owns Wimpy now?
Famous Brands Limited, then known as the Steers Holdings Limited, acquired Wimpy when it bought Pleasure Foods in 2003. Famous Brands acquired the United Kingdom-based Wimpy in February 2007, thus becoming the parent company for the chain and beginning to collect the franchise fees from the other franchises.
What is the meaning of the word “Wimpy”?
Wimpy is the brand name of a multinational chain of former fast food restaurants that has been gradually upgrading units to become casual dining style diners with table service since a change of ownership that had occurred in 2007.
Is there a Wimpy in the UK?
Wimpy's worldwide headquarters was located in the United States and the United Kingdom before relocating to South Africa. Wimpy's menu consists primarily of grilled dishes, hamburgers, chips (fries), breakfast items and beverages. A Wimpy restaurant in Huddersfield, West Yorkshire (2010).
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Who owns the Wimpy franchise?
Famous BrandsThe chain was founded in Bloomington, Indiana, by Edward Gold in 1934 as Wimpy Grills, with the chain in the United States hitting its peak with 26 locations in 1947....Wimpy (restaurant)FormerlyWimpy Grills, Wimpy BarParentFamous BrandsWebsitewww.wimpy.uk.com www.wimpy.co.za8 more rows
Is Wimpy profitable?
Wimpy Restaurants Group reported revenues of £6.56m for the year ending February 29, 2020, up from £6.25m the year before. The group reported a pre-tax profit of £1.31m last year, up from £926,319 in 2019. But the group's financial year ended just weeks before the first national lockdowns began.
How much is a Wimpy franchise in South Africa?
For a brand new Wimpy Franchise, franchisees can expect to pay between R1. 9 million – R2. 5 million and an initial franchisee fee of R114,300. Franchisees are also expected to pay 7% of their turnover in management fees and 5% of their turnover in royalties.
How much does it cost to open a wimpy?
Wimpy – from R1.9 million New Wimpy Franchisees can expect to pay between R1. 9 million – R2. 5 million and an initial franchisee fee of R114,300 (excluding VAT). Franchisees are also expected to pay 7% of their turnover in management fees and 5% of their turnover in royalties.
Which franchise is most profitable in South Africa?
These are the start-up costs for opening some of the biggest franchises in the country: KFC – from R6 million. Nando's – from R7 million. Debonairs – from R2 million....Top 20 fast food franchises that make the most money in South Africa.BrandSteersRevenue (2017)R1.35 billionGrowth (from 2016)8.9%Franchises (2017)561Revenue per outletR2.4 million19 more columns•Aug 2, 2018
How much is a KFC franchise?
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 is the cheapest most profitable franchise in South Africa?
Which is the Cheapest Franchise to Buy in South Africa?Fish & Chip Co.: Roughly R645 000 starting cost plus R4400 monthly payment.King Pie: Approximately R600 000 starting cost.Zebro's Chicken: Roughly R831 000 plus 4% of monthly turnover.
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.
How much do you make if you own a dominoes?
How Much Profit Does a Domino's Franchise Make Per Year? The average Domino's franchise owner reports a salary or profit of an estimated $107,00 to $116,00. These are pretty awesome numbers and many franchise owners end up being able to pay down loans and operate multiple franchises.
Is Pizza Hut still profitable?
Based on the average sales provided by Dine-in Pizza Hut's franchise locations, at an average of a 15% profit margin it will take around 9 years to recoup your investment.
How much profit does a Pizza Hut make?
The average Pizza Huts store generates $714,000 sales per unit on average. The entire system makes $3.5 billion average sales in revenue per year. Each franchisee will average around $100,00 profit overall after all expenses.
Do Subway owners make money?
They generate an annual average of $422,000 sales per franchise unit. Statistically speaking, most franchises make only an average of 7.5% of their annual sales, which comes around to $31,000 profit.
What is a wimpy?
Serving a diverse menu composed of mouth-watering, yet affordable choices; Wimpy is an iconic American brand and one of the original fast-food takeaways. With great food, great service, and great value for money; we draw in loyal customers who never get tired of loving us. The very name “Wimpy” brings to mind our speciality: burgers, it’s hard not to think of us when you want to eat good burgers. Our menu, however, is not limited to just burgers. Our customers keep coming back for our savoury grilled meat, our premium blend coffee, healthy children’s meals and our diverse range of breakfast meals as well. Here, we want our customers to “enjoy every moment” and are committed to seeing that happen.
When was Wimpy Bar founded?
Wimpy's history. It was originally called “Wimpy Bar” and was founded by Edward V. Gold in 1934 . The UK branch of Wimpy was founded by British conglomerate J. Lyons & Co. The original Bar was stationed in Chicago; it was only in 1954 when the first Wimpy Bar in UK opened in Lyon’s Corner house in London.
How many Wimpy branches are there?
With over 1,000 branches in 23 countries, Wimpy is a brand that has been proven, tested, and recognised. In the span of 60 years, our menu has expanded and recipes have been modified to fit the customer’s taste. Our image has been reinvented, and have accumulated 60 years worth of memories and experiences in UK; which will be shared to you - our franchisee. By joining us, you will be immersed in a globally competitive brand, with multiple franchisor/franchisee awards, and a customer base that grows by the thousands. If you do choose to become a franchisee, get ready to experience a fulfilling position that deals with a stable market that is literally hungry.
What is a wimpy franchise?
A Wimpy franchise enables you to open your own Wimpy restaurant, offering everything the trusted brand brings to consumers including; affordable meals, exceptional quality service and attention to detail that keeps customers wanting to return time and time again.
How much does a Wimpy franchise cost?
A Wimpy franchise cost UK cost is currently £220,000 for the initial 60-seat Wimpy restaurant, £80,000 for the Express setup and £45,000 for the Kiosk setup. Both offer exceptional value and include the £10,000 Wimpy franchise fee.
How does a Wimpy Restaurants Group LTD franchise work?
Wimpy has developed in size through franchising and has only ever held less than ten outlets itself. You can currently find Wimpy operations in compact kiosks, Express counter- service setups and full restaurant table-service as per the first original Wimpy in Chicago.
Where can you find a Wimpy franchise application form?
To find get an application form for becoming a Wimpy franchisee and to understand Wimpy franchise requirements, you need to contact Wimpy directly via email at [email protected] or you need to call 01628 891655.
Why choose a Wimpy Restaurants Group LTD franchise instead of other fast food franchises?
If you compare Wimpy setup costs to the costs of a leading competitor, Wimpy is much more accessible. You get to work with a trustworthy brand with decades of experience, and highly esteemed training and support, but at a fraction of the price.
How can I find out about expected profits in the first two years of my Wimpy franchise opening?
When you contact Wimpy for information about purchasing a franchise, they should be able to provide you with regional information relevant to the location you intend to open in.
What is a wimpy burger?
The classic Wimpy burgers however, are still at the heart of the fast food chains culinary draw . The burgers are made from 99 per cent British Beef and 1 per cent seasoning and can be enjoyed in single, double or quarter pounder form with a wide selection of different toppings such as wimpy mayo, griddled mushrooms, cheese, special sauce or onion rings.
Remember MySpace?
Remember MySpace? I think anyone that does slightly regrets jumping over and giving Facebook the power it has now. They had the original idea, Facebook did it better. We introduce the burger version of MySpace!
The history of Wimpy!
Itwas established in 1935 in the USA, yes this makes it older than McDonalds. In the US it was never huge, reaching 25 stores at its peak, but they were innovators international franchising.
Wimpy International and Wimpy UK
In 1954 Wimpy started franchising internationally, particularly to the UK. Eventually the brand had over 1500 locations throughout the world, mostly in the UK. The company also moved to England and essentially became a bit of an institution.
Cometh the Big Mac
McDonalds entered the UK at the end of the 1970’s and to cut a long story short severely cut the grass of Wimpy Burger. Sales would then continue to dwindle until the end of the 1980’s, but not before I had had my birthday party there!
Cometh the Whopper
With sales dwindling at the end of the 1980’s Wimpy decided to sell up to a company called Diageo , yep those guys. At that point they had 381 fast food joints. Sadly Diageo had acquired the UK rights for Burger King the previous year. Wimpy was out and Burger King was in.
Table service Wimpy Continues
Whilst they had sole the fast food joints, they had kept the 200, or so table service restaurants, as well as 140+ worldwide franchises. But the end was fast approaching.
Is Wimpy Still around today??
In the UK they still very much exists, and I can remember spending many an hour I should have been in school smoking and hanging out. They are still table service and have that 1950’s American diner aura to them (kinda).
Where is Wimpy located?
The brand is headquartered in Johannesburg, South Africa. The chain began in 1934 in the United States ...
Who owns Wimpy Bar?
The company was sold to United Biscuits in 1977, and then to Grand Metropolitan in 1989. Grand Metropolitan would begin to phase out the Wimpy Bar in the United Kingdom, rebranding many of them as Burger King (which it also owned) due to Burger King having the greater brand recognition amongst consumers, to aid market competition against McDonald's. Following various buyouts, Wimpy would be sold to Famous Brands in 2007, whom had operated the South African franchise for a number of years, now making it the parent company.
How many Wimpy Grills did Gold have?
According to a 1978 Chicago Tribune article, Gold's company Wimpy Grills Inc. of Chicago, had 25 locations in the United States at its peak, but only seven locations remained at the time of his death in 1977.
Why did Wimpy fail in the Cold War?
A food historian writing in 2014 believes that Wimpy's failure to survive in Cold War era West Germany was caused by West German consumers of the 1960s preferring to eat familiar German-style chicken meals at the local Wienerwald chain instead of getting an unfamiliar American-style hamburger sandwich at Wimpy.
How many Wimpy restaurants are there in the UK?
In November 2009, Famous Brands began to upgrade its 170 locations in the United Kingdom to resemble United States-style diners. As of June 2021, 70 restaurants remain in the United Kingdom.
Why did Wimpy refuse to enter a woman's house?
During the 1970s Wimpy refused entry to women on their own after midnight. This may be because of an assumption they might be prostitutes.
Where did the name Wimpy come from?
The name was inspired by the character of J. Wellington Wimpy from the Popeye cartoons created by E. C. Segar.
Who is Greg Heffley?
Greg Heffley is a scrawny but ambitious kid with an active imagination and big plans to be rich and famous - he just has to survive middle school first. To make matters worse, Greg's lovable best friend Rowley seems to coast through life and succeed at everything without even trying! As details of his hilarious - and often disastrous - attempts to fit in fill the pages of his journal, Greg learns to appreciate true friends and the satisfaction that comes from standing up for what is right.
Is Diary of a Wimpy Kid based on a book?
Diary of a Wimpy Kid is an upcoming American computer-animated comedy film directed by Swinton Scott, from a script by Jeff Kinney and based on the 2007 book of the same name which was also written by Kinney. The fifth installment in the Diary of a Wimpy Kid film series, it is intended to serve as a reboot of the 2010 live-action film of the same name .
