Muffin Break receives 5 Star FRANdata Rating
FRANdata congratulates the Muffin Break franchise system (part of the Foodco Group) on being recognised as very high performing brands on the Australian Franchise Rating Scale™.
Ratings are allocated after an independent and fact-based assessment across seven key categories.
In achieving these very strong (5 star) ratings, the franchise systems were able to demonstrate a high level of transparency and a very high level of franchise performance.
FRANdata’s Australian CEO Darryn McAuliffe commented, “the review evidenced a very successful franchise model across all categories measured. One standout feature was the focus on both initial and ongoing training across both brands. An extensive and integrated approach to training was evidenced with the combination of online, classroom and practical in-store activities positioning franchisees well for initial and ongoing success. Importantly, Foodco also continues to invest significantly in brand evolution to ensure the relevance of their store design, brand and product offers”.
Foodco Group CEO, Richard Goodman said “Foodco’s franchised model has continued to evolve in collaboration with a terrific group of passionate team members working and listening to our valued Franchise Partners. Whilst we see this as a big achievement, we will not sit idle. Franchising, our Franchisee needs, and, the needs of our shared customers, is ever changing – so we will continue our pursuit for ongoing improvement”.
McAuliffe went on to say he expected heightened interest in both brands from the lending community given the franchise system has also commissioned the completion of independent Franchise Underwriting reports for lenders”.
Rating assessment outcomes from the Australian Franchise Rating Scale™ are being delivered now to participating franchise systems and are recorded on The Australian Franchise Registry™.
FRANdata Australia is Australia’s leading franchise business intelligence and information advisory business.
For further information please contact: Darryn McAuliffe – Telephone: 02 8346 6093, Email: dmcauliffe@frandata.com.au
