Hattch Score Summary
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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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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.
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.
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.
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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Fasta Pasta Franchise Business for Sale in Royston Park, SA 5070
Fasta Pasta’s mission is to become the leading best value local Italian restaurant chain in Australia. This will be achieved by delivering fresh, popular, tasty, meals to all customers. In addition to providing great food we strive to deliver outstanding customer service at all times.
With 19 Fasta Pasta restaurants Australia-wide there are many opportunities for growth particularly in South Australia and the regional areas of Victoria, New South Wales, Queensland.
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.
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Hattch AI - Fasta Pasta Assistant
DisclaimerFurther Info about Fasta Pasta in Royston Park
"The involvement of the Fasta Pasta directors has always led to the development and progression of our many successful restaurants. Without the support, education and knowledge passed down to us from the leadership group, we would not be the successful restaurateurs that we are today. We believe that their faith in us has given us the knowledge to succeed.”
Tony & Eva Impedovo,
Fasta Pasta Port Adelaide, SA.
What is my initial investment?
It will vary and depend on store size, location and available facilities, but as a guide, a typical investment in our business ranges between $650,000 and $950,000.
What is the Franchise fee?
The franchise fee for a single site is $ 50,000 + GST.
What kind of return can I expect?
The profitability of a Fasta Pasta store is subject to many variables including location, stable workforce and the skill of the franchisee in running the business. Potential Fasta Pasta franchisees must seek independent financial advice in deciding if it is an appropriate investment for them.
What is the Franchise Fee and Marketing Levy?
The fee is 6% weekly on net sales and 3% weekly on net sales, respectively (net sales is gross sales less GST).
Can I get finance from the banks?
We can introduce you to our existing bankers.
Am I required to work in the store?
Yes, our experience suggests that to be successful, you must be directly involved in the day to day management of your store.
What experience do I need?
Our franchisees come from varied backgrounds, what we look for is a great attitude, a willingness to learn, the drive to succeed and a passion for customer service and good Italian Cuisine.
What is involved in the training?
Up to 3 months training at one of our franchised restaurants, which will cover areas such as – front house, kitchen (all aspects), necessary basic bookwork, Point of Sale and management skills.
How long does it take to be up and running?
Each restaurant is different; however, a 8 – 12 week fit-out is required once the site is handed over.
I have a site. Can I operate a Fasta Pasta store from this location?
If all the necessary criteria are met, both for the restaurant site and for you personally as a potential franchisee, we cannot see why not.
Can I own more than one Fasta Pasta store?
Yes you can, provided you have the financial resources and demonstrated management skills to manage a multi site operation.
Is ongoing support provided?
Yes, we offer our ongoing support from our National Operations Team to assist you in growing your business. They will work with you to ensure you and your staff are well trained and offer assistance and advice where they can.
Am I able to own a franchise with a business partner?
Yes – for example, a husband and wife team is fine. However, if you have another form of partnership, the application will be viewed on its own merits. We require that a partnership agreement is drawn up before a franchise is granted.
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The content provided is for informational purposes only. It should not be relied upon as accurate or complete. Users are advised to verify the information with the franchisor.
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.