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Hattch Score Summary
Assessment Completed:
2024-01-01
Culture determines the environment, strategies and practices that inspire and engage employees and you as a franchisee to perform optimally and is important to wider company morale and maintaining good relationships.
Great performance happens when cultural attributes are closely aligned with and support both the franchisor’s and franchisee’s goals. A culture that is congruent and clearly communicated provides endless benefits to everyone in the franchise organisation including greater effectiveness and brand equity.
A company that shares your cultural preferences will prove more compatible and help you reach your performance potential.
Matching your core values with a franchise's core values creates compatibility and harmony. Having shared values provides a solid foundation for a long-term business relationship.
Like-minded people have a basis for understanding, communicating and exercising judgment. Values alignment builds strong brand recognition.
Our research and that of others, show that there is a strong link between financial performance and values alignment. When the values of an organisation are in alignment with the aspirational values of you as a franchisee, the result is high performance.
For greatest satisfaction and effectiveness, you should seek a work or business environment consistent with your natural working tendencies.
Work Style translates into how you will delegate, direct, motivate, manage, evaluate and resolve day-to-day business situations.
Work Style is particularly important for you as a franchisee, as you will be held responsible for aligning your business with the pace, priorities and direction the franchise outlines for the system.
Stages of Growth are determined by a company's managerial style, organisational structure, formal systems, major strategic goals and founder/owner involvement.
As a franchise organisation grows, the systems and procedures will adapt to support an evolving business model, the needs of the franchisees and to satisfy end-user demands.
Within each stage of business, your skills and goals as a franchisee need to complement a franchisor's plans and market expansion strategies. A franchisee that is in-step with the franchise organisation's Stage of Growth will prove more compatible and likely perform better.
Your business skills and competencies are important. More important however, is how those competencies complement those a franchise is looking for to achieve high performance.
Having complementary skills and competencies provides a framework for forming collaborations between you and a franchisor. It reduces redundancy, makes wiser use of resources, provides points of correspondence and thus leads to greater value, compatibility and performance.
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Franchise Compatibility Assessment
Our 5 minute survey will create your custom business owner profile. Once complete, you will see a score for each franchise, telling you how similar you are to their best franchisees. This score will save you time in your research, and guide you towards choosing the right franchise. Watch a short explainer video.
There are no right or wrong answers, just select what you think describes you best! The two sections can be completed separately and your progress will be saved.
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Buying a franchise is typically funded by combining your savings with property equity you have, and financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business. This typically can be approximately 50% of the total investment required.
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Franchise Compatibility Assessment
Our 5 minute survey will create your custom business owner profile. Once complete, you will see a score for each franchise, telling you how similar you are to their best franchisees. This score will save you time in your research, and guide you towards choosing the right franchise. Watch a short explainer video.
There are no right or wrong answers, just select what you think describes you best! The two sections can be completed separately and your progress will be saved.
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Noodle Box Franchise Business for Sale in Brighton, SA 5048
Noodle Box has been built on a deep love of food, culture and family. We have led the way in bringing the vibrant flavours and diverse culture of South-East Asia to Aussies everywhere. With over 80+ franchise restaurants across Australia, we are your first choice noodle brand. We are proud to have a unique business model and dynamic food offering that has supported our growth for over 25+ years.
When you join the Noodle Box family, you are joining a family that is people first, your success is our success. It is our purpose and dedicated mission to enable the dreams and aspirations of our franchise partners. We will work with you hand-in-hand as you embark on your journey towards building your own profitable business that fits with your family and lifestyle.
Do you have what it takes to be a top-performer at these franchises?
Our 5min assessment will rank you on the key attributes of Culture, Values, Work Style, Skills and Stages of Growth.
Do you have what it takes to be a top-performer at this franchise?
Our 5min assessment will rank you on the key attributes of Culture, Values, Work Style, Skills and Stages of Growth.
Further Info about Noodle Box in Brighton
We've experienced over 25+ years of slurping explosive flavours, but that's only a taste of what rocks the woks at Noodle Box.
The following qualities are essential to become a Franchise Partner:
How many do you tick?
- Ambitious, with a positive attitude
- Comfortable in following a franchise system
- A genuine love for great food
- Outstanding communication skills
- A passion for customer service
- Ability to motivate a team
- High energy and enthusiasm
- hard worker, team player
- Always looking to learn
Like starting any new business, owning and operating a franchise has its rewards and challenges, luckily there's a trusted team of experts behind you who will have your back from day one and right throughout your journey.
Whether it is mastering your P&L Statement to launching your first local area marketing campaign or how to effectively manage your team, our dedicated team of passionate specialists are invested in not only the growth and success of your restaurant, but also in you as a business owner. When you join Noodle Box your are in business for yourself, but not by yourself.
WHAT IS THE INVESTMENT REQUIRED TO OPEN A NOODLE BOX FRANCHISE?
A new Noodle Box restaurant ranges between $300,000 - $400,000 + GST, dependant on size location, existing infrastructure, and contributions from landlords. This investment covers everything required to open the restaurant including franchise fee, all plant and equipment, comprehensive training programs and ongoing operational and marketing support. In addition to this, you will need to budget for working capital, start-up stock and local area marketing. Please note that you will also need to supply a bank guarantee to the landlord (normally equivalent to 3 months rent) at the beginning of a lease term)
DO I NEED CASH OR EQUITY TOWARDS THE PURCHASE OF A FRANCHISE?
Yes, you will have access to at least 50% of the purchase price of the business. You may have this in actual cash, funding from family and friends, equity in your home/investment properties or a combination of all of these. Please be aware that we will request proof that you have access to these funds throughout the franchise recruitment process.
WHAT IS THE EXPECTED TIME FRAME TO OPEN MY NOODLE BOX FRANCHISE?
After finalising your approval to become a Franchise Partner the next steps are to finalise the location and lease negotiation. From there its onto design, layout, and construction of the restaurant and your training. This process can vary but on average is 3 - 6 months.
DO I NEED PRIOR BUSINESS OR FOOD INDUSTRY EXPERIENCE?
No. Previous experience as a chef or managing a retail business is a great advantage and the preferred way to becoming a Franchise Partner, however our extensive training program and years of experience will help you to operate your franchise business successfully.
WHAT ARE THE TYPICAL/REQUIRED HOURS OF OPERATION?
The typical hours are 11.00am-9.00pm, 7 days, although in situations where there are good business reasons for alteration (restaurant specific) these hours may vary.
AM I REQUIRED TO WORK IN THE BUSINESS?
That would usually be the case and our experience is that the most profitable and well-run restaurants are owner operated. We do have an expectation that our Franchise Partners are working hands on in their businesses.
WHAT IS A LANDLORD CONTRIBUTION AND WHO RECEIVES IT?
Landlords sometimes offer a financial contribution towards the fit-out costs during lease negotiations. Any contribution amount that is secured will be fully passed on to you and will reduce the investment required.
WHAT KIND OF RETURNS CAN I EXPECT FROM RUNNING A NOODLE BOX FRANCHISE?
This relies on the growth and profitability of the business under your ownership, and therefore we cannot predict or guarantee what your returns may be. We will provide you with a financial planning guide to assist with your preparation of a business plan and budget forecast.
CAN I TALK WITH OTHER FRANCHISE PARTNERS AND GET ADVICE BEFORE ENTERING THE NOODLE BOX FRANCHISE SYSTEM?
Noodle Box requires that all prospective Franchise Partners obtain competent legal, business and account advise before entering the franchise documentation to ensure a full understanding of the obligations. You are also welcomed to talk with other Noodle Box Franchise Partners already in the system.
AM I RESPONSIBLE FOR EMPLOYING STAFF?
Yes. Your Franchise Agreement gives you the opportunity to employ your own staff, but if you have any problems, our training team can assist with and offer advice on how and where to advertise for new staff members.
IS INVESTING IN A FRANCHISE RISK FREE?
The risk involved in participating in any reputable franchise system should be significantly less than the risk of proceeding in a similar business on our own. Any retail business involves risk and Noodle Box cannot predict or guarantee the sales of a particular restaurant or its profitability.
DOES NOODLE BOX PROVIDE FINANCING?
Noodle Box is accredited as an Approved Franchise System with two equipment finance providers who can offer various finance options and packages for Franchise Partners who qualify. Alternatively, you are free to obtain financing for the purchase of the franchise from the source of your choice.
DO I HAVE TO BE AN AUSTRALIAN CITIZEN OR PERMANENT RESIDENT OF AUSTRALIA TO OWN A NOODLE BOX FRANCHISE?
Yes, you will need to hold either Permanent Australian Residency or be an Australian Citizen to purchase a Noodle Box.
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Investment Requirements
Buying a franchise is typically funded by combining your savings with property equity you have, and
financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business.
This typically can be approximately 50% of the total investment required.
To understand if you can afford a Celebrity Ink franchise, based on your current circumstances, use our
handy investment calculator.
Critical Information Statement
No Critical Information Statement available.
Personal Information Collection Statement
We collect your personal information to respond to your enquiry and to send you information about our franchising opportunities. We may share your information with our franchisors and their representatives. For information about how we handle your personal information, including how you can request access to and correction of your personal information or make a complaint, see our Privacy Policy.
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The following is a summary of how 's Business Builder Profile compares to Noodle Box's top-performing franchisees, and provides an indicator of how well they are matched in terms of work style, culture, preferences and competencies.
This profile was generated using the hattch survey - to learn how you match to each franchise take the hattch survey now!
Brand Overview
Country of origin: Australia
Year established: 1996
Year franchised: 2002
Industry: Cafe, Food & Beverage
Category: Bricks & Mortar
Franchise partner type: Owner Operator
Investment: 200000 - 400000
Corporate sites: 0
Franchised sites: 90
Franchisees: 75
Match Summary
Match Insights
Noodle Box has outlined the following requirements to become a franchisee partner.
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You can meet the minimum investment level of $200,000 for this franchise opportunity.
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You are an Australian Citizen or Permanent Resident
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