Aussie heroes of the FDD
23rd May 2023
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By Emily Ainsworth
If you’ve read our previous article – the 411 on the FDD – you’ll know all about the Franchise Disclosure Document. But for those of you who are new around here, the FDD is basically a Bible for potential franchisees, containing important information such as the franchisor's background, history, fees and expenses, intellectual property rights, territory restrictions, training and support and contractual obligations.
In Australia, many franchisors provide an FDD to comply with legal requirements and ensure transparency in the franchising process. Usually, a franchisor must give a potential franchisee a copy of their disclosure document at least 14 days before the franchisee enters into the franchise agreement or makes a non-refundable payment.
The Australian Government’s Franchise Disclosure Register contains a list of all franchises that provide an FDD from the get-go – you just have to filter your search based on the ones that provide this detail up front.
Here are our Top 3 FDD heroes:
Jim's Group: Tackling odd jobs and heroic home services
As one of the largest franchise networks in Australia, Jim’s Group offers a wide range of services across 50 different divisions – from gardening and plumbing to dog grooming. The franchise model allows peeps to become their own boss and operate their own business under the trusted Jim's brand while benefiting from the support and resources provided by the franchise network. Read the FDD for Jim’s Electrical (South Australia). Window cleaning in Sydney more your thing? Go here.
Queen Margherita Pizza: Bringing the taste of Italy to your door
Known for their hand-stretched, stone-baked pizzas, Queen Margherita takes pride in using an exclusive recipe and meticulous processes to create a culinary masterpiece. With their motto "Thinner, Crispier, Tastier," they have perfected the art of crafting pizzas for take-away or home delivery. For a minimum set-up cost of $200,000, this could be your franchise ticket to the heart of Italy (or thereabouts). Read their FDD.
inLIFE Wellness: Elevating fitness
Embrace the fusion of fitness, community and entrepreneurship with inLIFE Wellness. Join the movement and become a part of a franchise that is revolutionising the way we approach wellness – one reformer Pilates session at a time. With their proven business model, innovative equipment and comprehensive training and ongoing suppport, inLIFE Wellness is the perfect franchise opportunity for fitness enthusiasts and aspiring entrepreneurs. Read their FDD.
7-Eleven Australia: Convenience and snack attacks
Need a midnight snack? Look no further than 7-Eleven, your trusty sidekick for those midnight munchies. As one of the largest convenience store chains in Australia, 7-Eleven provides franchisees with a recognised brand, established systems and ongoing support to help them succeed in the competitive retail industry.
Anytime Fitness: Sweat, swagger and selfies
Anytime Fitness is a popular fitness franchise that operates 24/7, offering convenient access to state-of-the-art gym facilities and a supportive community – anytime you please. With a focus on personalised fitness experiences for every body, and a wide range of equipment and classes, Anytime Fitness franchisees have the opportunity to tap into the growing demand for Australian health and wellness services. Read their FDD.
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