Bank of Queensland Limited
ABN :
32009656740
Join the Bank of Queensland (BOQ) family and become an essential part of a business that has been serving Australian communities for 147 years! As one of Australia's leading regional banks, BOQ is now looking for passionate and community-oriented individuals to become Owner Managers and run their own BOQ branches.
BOQ offers a unique franchise opportunity that enables you to start your own business, but with the support of a well-established and respected brand. As an Owner Manager, you will be responsible for running your branch, building relationships within the local community, managing and training staff, and making decisions that will grow your business.
The best part of this franchise opportunity is that you will not be on your own. BOQ will provide you with extensive training and support, not only for the initial setup of your business but throughout your time as an Owner Manager. You will receive ongoing support from BOQ's specialist teams, including Finance, Transformation, Operations, Legal, and People & Culture. And as BOQ is committed to continuous improvement, they will ensure you have access to the latest technology, training, and resources to help you succeed.
BOQ has a long and established history of supporting the communities in which it operates, and Owner Managers play a crucial role in this. By joining BOQ, you will become an essential part of the BOQ team and have the opportunity to make a positive impact on the lives of people in your local community.
With 163 branches across Australia, BOQ provides excellent franchise opportunities in various locations. The majority of BOQ's branches are operated by Owner Managers, demonstrating the success of this unique franchise opportunity.
However, running your own business requires investment, and BOQ understands the importance of a fair and affordable investment structure. BOQ's franchise fee and ongoing payments structure are designed to provide a fair return on investment while allowing you to build your business and make it profitable. BOQ offers various investment options, ranging from $10,000 to $1,500,000, so there is an option for every entrepreneurial dream.
As an Owner Manager, you will be able to offer a wide range of BOQ products and services to your customers, including transaction accounts, savings, and term deposits, online banking, Visa debit cards, credit cards, home loans, personal and car loans, insurance, travel, investing, and superannuation. BOQ's owner-managed branches pride themselves on delivering exceptional customer service, and this is a crucial aspect of the BOQ brand.
In addition, BOQ has several other brands operating within its Group, including BOQ Business, BOQ Specialist, BOQ Finance, Virgin Money Australia (VMA), and ME Bank. BOQ is continually expanding its business, and its latest acquisition of Members Equity Bank Limited (ME Bank) has further diversified BOQ's offerings, showcasing its commitment to remaining an industry leader.
So, if you are passionate about building relationships within your local community, have an entrepreneurial spirit, and are interested in running your own business but with the support of a well-established and respected brand, then the BOQ franchise opportunity may be the perfect fit for you.
Why not become an essential part of a business with a long and established history of serving Australian communities and join the BOQ family today? With extensive training and support, fair and affordable investment options, and the opportunity to make a positive impact on people's lives, there is never a better time to enquire about the BOQ franchise opportunity.
Industry Division
FINANCIAL AND INSURANCE SERVICES
Industry Sub-Division
Finance
Address of the franchisor’s registered office
Level 6 100 Skyring Terrace Newstead QLD 4006
Address of the Principal business office
Level 6 100 Skyring Terrace Newstead QLD 4006
Where the franchise currently operates
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Where the franchise is planning to expand
Not provided
Last month of franchisor’s financial year
Not Provided
Year in which the last financial year ends
Not Provided
Years In Operation(Years)
19
Supplier Restriction
Yes
Franchisor Can Change Agreement
Yes
What is the standard term of franchise agreements
5 or more years
Are franchisees entitled to compensation for goodwill in the business
Any entitlement to compensation for goodwill in the business will depend on the specific circumstances of the expiry or termination.
Are franchisees subject to a restraint of trade (or similar) clause
Yes
Franchising Agreement URL
Not provided
Option For Renewal
No
Public Email
Public Phone Number
1300 557 272
Website URL
https://www.boq.com.au/
Youtube Link
Not Provided
Key Facts Sheet Url
Not provided
Minimum Investment
$800000
Maximum Investment
$1450000
Minimum Ongoing Payments
$70000
Maximum Ongoing Payments
$750000
Minimum Other Payments
$1000000
Maximum Other Payments
$10000000
Total Owner Franchisors
125
Total Co-orporate Franchises
22
Disclosure Url :
Not provided
What are 3 reasons someone should invest in a Bank of Queensland Limited franchise?
1. You'll be part of a respected brand with a long history of serving Australian communities. Boasting 147 years of experience, Bank of Queensland is an established and respected brand that has evolved from a Queensland-focused retail branch-based bank to a national diversified financial services business. By joining BOQ, you'll become an essential part of a business that has a strong commitment to supporting the communities in which it operates.
2. You'll receive extensive training and ongoing support to help you succeed. As an Owner Manager with BOQ, you won't be on your own. BOQ provides extensive training and support not just for the initial setup of your business, but throughout your time as an Owner Manager. You'll receive ongoing support from BOQ's specialist teams, including Finance, Transformation, Operations, Legal, and People & Culture. And as BOQ is committed to continuous improvement, you'll have access to the latest technology, training, and resources to help you succeed.
3. You'll have a fair and affordable investment structure. BOQ understands that running your own business requires investment, which is why they offer a fair and affordable investment structure designed to provide a fair return on investment while allowing you to build your business and make it profitable. BOQ offers various investment options, ranging from $10,000 to $1,500,000, so there is an option for every entrepreneurial dream. Plus, as an Owner Manager, you'll be able to offer a wide range of BOQ products and services to your customers, including transaction accounts, savings and term deposits, online banking, Visa debit cards, credit cards, home loans, personal and car loans, insurance, travel, investing, and superannuation.
Ask a question to Bank of Queensland Limited
Trending Franchise In Retail
View Detail
Inspirations Paint S...
Buying, selling and marketing of paint a ...Read More
Minimum Investment
$325000
Inspirations Paint S...
Buying, selling and marketing of paint a ...Read More
Minimum Investment
$325000
CLEANTASTIC MELBOURN...
Commercial Cleaning and some Domestic cl ...Read More
Minimum Investment
$6000
CW Retail Services P...
ANZSIC Group 427 PHARMACEUTICAL AND OTHE ...Read More
Minimum Investment
$100000