COFO – Company Owned Franchise Operated
What is the COFO partnership model?
In this COFO partnership model with Celectric, Celectric will provide the investment for the franchise business, while the franchisee will operate it according to Celectric’s guidance and instructions.
Who can opt for it?
Anyone with an entrepreneurial spirit is looking to establish, expand, or diversify their business ventures. Additionally, individuals who own roadside property and wish to capitalize on a new business opportunity can benefit.
How does the model operate?
- Celectric assumes the entire burden of setting up and operating the business, covering all associated costs.
- Investors are responsible for running the company following provided instructions and guidelines.
- Franchisees receive a portion of the profits as per the agreement.
What makes the FOCO partnership model the ideal choice for you?
- It allows you to seize a business opportunity without any upfront investments.
- You can diversify your business portfolio without having to commit capital upfront.