Basics of a Auntie Anne's Franchise
If you’re thinking about buying a Auntie Anne's franchise, there are many things to consider before signing on the dotted line. Becoming a Auntie Anne's franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Auntie Anne's franchisee might be financially rewarding.
Owning a Auntie Anne's franchise is a serious commitment and works best when you make a thoughtful, educated decision.
- Just because you love Auntie Anne's’s products or services doesn’t mean that you will be able to successfully operate a Auntie Anne's franchise.
- Being emotionally attached to the idea of becoming a Auntie Anne's franchisee is not a state of mind in which you can effectively evaluate an opportunity.
- Your positive experience as a customer of Auntie Anne's should not form the basis for deciding to become a franchisee.
As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.
Are you looking for some free resources to help you determine if a Auntie Anne's franchise is for you?
Auntie Anne's Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a Auntie Anne's franchise is right for you.
If you truly want own a Auntie Anne's franchise, get all the information you can from Auntie Anne's and secure a qualified advisor who has experience helping people like you purchase franchises.
You may also want find that gaining a better understanding of the terms related to franchising would be helpful. If so, you may want to visit A Glossary of Franchise Terms.
Make sure that owning a Auntie Anne's franchise fits in with both your skills and life style objectives. If you don’t want to work evening and weekends, don’t purchase an ice cream shop. If you’re an introvert, don’t buy a franchisee that requires you to be extroverted.
Are you interested in more questions to ask Auntie Anne's franchisor, Auntie Anne's franchisee, or even yourself? Get to know the terms.
Auntie Anne's Franchise Disclosure Document
Carefully read the Auntie Anne's Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.
As you are reviewing Auntie Anne's’s Franchise Disclosure Document you will have a number of calls with Auntie Anne's’s franchise team before you will be allowed to call Auntie Anne's franchisees.
When you are allowed to call Auntie Anne's franchisees make sure you speak to at least five to eight franchisees. You will find that most Auntie Anne's franchisees will be honest and unbiased about Auntie Anne's. If you would like more information on how to dissect a Auntie Anne's FDD consider the following resources:
Does a Auntie Anne's Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Auntie Anne's franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Auntie Anne's franchise is the right move for you.
If you’re serious about becoming a Auntie Anne's all franchisee and want to explore owning a Auntie Anne's franchise, take the best first step you can and grab your copy of The Educated Franchise today!