Franchising With
Global Pot
OVERVIEW
Being a Global Pot Fusion Cuisine Franchisee is a rewarding life investment. A Global Pot franchise’s success is directly tied to the passion and drive that our Franchisees bring to their local businesses. That's why we take great care in selecting who we go into business with, our ideal franchisees being our employees who have been identified as having leadership qualities, business acumen, and desire to learn and grow with Global Pot.
Franchisees must be willing to spend their time and resources to build the Global Pot brand and continue the incredible legacy of hard work, commitment, and passion that began with the founders, Nse Umoh & Ope Okunola. They must be passionate about the work of serving great food and providing exceptional hospitality in a fast-paced environment. They must also share their vision to be a positive influence on the people and communities that they serve. Absentee ownership is definitely
not an option.
Franchising is not an opportunity for passive financial investment, working from the sidelines, or adding to a portfolio of business ventures. This business opportunity is a hands-on, life investment to own and operate a fast-casual restaurant. It will require long hours and leading a team of employees, who we hope will eventually become franchise owners themselves. It’s hard work – but it’s exceedingly rewarding.
INVESTMENTS
Holistic commitment to own and operate the business in a hands-on manner.
Relatively low franchise fee of $20,000.00. Franchise fees will cover the cost of licences,
permits, insurance, and advertising.
$250,000.00 to $300,000.00 (depending on location).
WHY FRANCHISE NOW?
The Global Fast Casual Restaurants Market is estimated to be USD 164.16 Bn in 2022 and is expected to reach USD 259.73 Bn by 2027, growing at a CAGR of 9.61%. The Canadian foodservice market is projected to register a CAGR of 4.55% during the next five years. The increasing frequency of dining out and time-pressed schedules are primarily driving the Canadian foodservice market. Full-service restaurants are witnessing high growth rates. Quick-service or full-service restaurants hold a prominent share of the overall foodservice business in Canada. The Canadian foodservice business is constantly growing due to Canada’s economy, which is operating at total capacity.
WHY FRANCHISE WITH GLOBAL POT?
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Relatively low franchise fees
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High revenue by square feet
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500k plus revenue by location
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Scalable model
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Standard and streamlined processes
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Structured training program
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Ongoing support
NEIGHBOURING CHARACTERISTICS
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3-mile population 100k
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Daytime population 75k
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Target customer age 18 – 55 years
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Average household income 90k
LOCATION CRITERIA
1000 – 1300 sq ft
Easy access and ample free parking
Endcap. Inline or freestanding
High traffic centers- close to major freeways and retail corridors
Multiple signage with excellent visibility
WHAT WE ARE LOOKING FOR IN FRANCHISEES
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At least 3 years restaurant experience
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Proven leadership qualities
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Financial integrity and stewardship
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Entrepreneurial spirit
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Strong character
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Desire to learn and passion to grow with Global Pot
FAQs
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Why Global Pot?Global Pot Fusion Cuisine is a fast-casual restaurant in an underserved and untapped African space with aggressive growth and proven operational systems. Our restaurant design, standard processes, and broad demographic appeal are all part of the ingredients that help set our franchise system up for success.
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How long is my return on investment?So many factors go into a ROI determination. Location, demographics, rent, labor, and sales are just a few to consider. Analysts say 3-5 years would be a good return in the restaurant industry.
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Do I have to work in my restaurant?The success rate of hands-on owner operators in restaurants has been proven to be much higher and we highly recommend that you are, but we do only require that a designated approved general manager be present for your day-to-day operations.
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What is the investment model?• Each location will be approximately 1000 to 1300 square foot • The total initial investment of owning a single Global Pot franchise is about $250,000.00 to $300,000.00 • Royalty Fee: 5% of gross sales • Advertising Fee: 2% of gross sales
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What to expect from us?1. Robust Process A robust and efficient process to ensure consistency across outlets. The main aspects are: Sales Reporting and Tracking Stock and Inventory Process Staff Training Payouts and Commission Management 2. Support The support that we will provide to our franchisees will be clearly spelt out in the Franchise Agreement. This will include: Grand Opening Location selection Infrastructure development, Location set-up Training Operations Supply of some menu items (90% finished) Supply of raw materials Marketing Marketing and Advertising We will support the franchisee in marketing and advertising by including it in the major plan. We will have a clear Brand Guideline for the Franchisees to adhere to. Clearly outline what all tasks the individual Franchise Outlets are responsible for, such as having a Social Media presence, listing on Restaurant Review Sites, etc. We will provide templates, logos, and other Brand-specific items such as menu design to ensure consistency across all outlets.