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Buying Basics

How long does it take to buy a franchise in Australia?

The real timeline, and how to control every stage of it

Every franchisor's website says roughly the same thing: "you could be trading in as little as eight weeks." Sometimes that's true. More often, it's the fastest possible version of events with every real-world delay stripped out. I've walked enough buyers through this process to know what actually happens, and here's the thing worth knowing upfront: neither timeline is a problem once you know it going in. The buyers who get burned aren't the ones whose franchise took four months. They're the ones who expected six weeks and found out otherwise on week seven.

The honest range

Buying a no-premises, mobile or service-based franchise, you can be trading in six to ten weeks, full stop. Buying a franchise with a shopfront, a kitchen or a fitout, food, fitness or retail, four to six months is the honest number. That difference almost never comes down to paperwork. It comes down to real estate, and real estate runs on its own clock. Know which category you're in before you start counting days.

The six stages

01

Research & shortlisting

Typically 2–6 weeks, self-paced

This is the one stage entirely in your hands, and it's where buyers either build an edge or hand one away. Talk to a franchise agent, compare a handful of brands properly, check territory availability before you fall for the story. Most people spend two to six weeks here. The ones who rush it aren't saving time, they're the ones who end up needing to walk away later, once the real numbers show up.

02

Application & franchisor screening

Typically 1–3 weeks

Franchisors vet buyers just as hard as buyers vet franchisors: financial position, relevant experience, sometimes a panel interview or psychometric assessment. Treat this as leverage, not a hurdle. A franchisor who takes their time screening you is a franchisor who takes their standards seriously, and that's exactly who you want running the system you're about to buy into.

03

Disclosure document & the 14-day consideration period

Minimum 14 days, often longer

Under the Franchising Code of Conduct, a franchisor must hand you a disclosure document, the franchise agreement in the form you'll sign, and a copy of the Code itself, at least 14 days before you sign anything or pay any money. Don't file this under red tape. It's the single most useful document you'll receive in the entire process, the place where every number in this article stops being a range and becomes a fact, in writing, for the specific brand you're buying, including the full cost breakdown. Fourteen days is the legal floor, not the target. Use every one of them.

04

Due diligence

Overlaps with stage 03, adds 2–4 weeks in practice

Talk to existing, and ideally former, franchisees. Get an accountant to stress-test the real numbers. Get a lawyer who's never met the franchisor to actually read the agreement, not skim it. This is the stage people most often try to compress to save two weeks, and it's the two weeks that buy you the next ten years.

05

Signing & the 14-day cooling-off period

14 days from signing or first payment

Once you sign, the Code hands you another 14 days, a genuine exit, running from whichever happens first: signing or paying. Most buyers never use it, and that's fine. Knowing it's there is what lets you sign with a clear head instead of a rushed one. If you do exercise it, the franchisor has to refund you within 14 days, less any reasonable expenses already incurred.

06

Site selection, lease & fitout

The real variable: weeks to several months

If your franchise needs a physical site, this is the stage that actually sets your timeline, not the paperwork. Landlord negotiations, council approvals and fitout scheduling are largely out of the franchisor's hands too, so build the buffer in from day one instead of getting surprised by it on day sixty. Training typically runs in the final weeks, timed to finish exactly as the fitout does.

What actually speeds it up

Three things separate a six-week buyer from a six-month one: finance pre-approved before you start looking, an accountant and lawyer already briefed on what's coming, and a franchise format that doesn't need a bespoke site. Control those three and you've controlled almost everything that's actually controllable. The timeline was never the obstacle. Not knowing it was.

Frequently asked questions

How long does it take to buy a franchise in Australia?

Anywhere from six weeks for a no-premises or mobile model, to four to six months, sometimes longer, for a franchise that needs a fitted-out site. The legal process alone adds a minimum of 28 days; real estate and finance usually add far more than the paperwork does.

What is the 14-day disclosure period?

Under the Franchising Code of Conduct, a franchisor must give you a disclosure document, the franchise agreement, and a copy of the Code at least 14 days before you sign or pay anything, so you have time to get independent advice.

Can I change my mind after signing a franchise agreement?

Yes. The Code gives you a 14-day cooling-off period from whichever happens first, signing or making a payment. If you exercise it, any payment must be refunded within 14 days, less reasonable expenses.

What slows down the franchise buying process the most?

Site selection, not paperwork. Finding the right location, negotiating a lease and completing a fitout routinely takes longer than every legal step combined.

Can I speed up buying a franchise?

Getting finance pre-approved and your accountant and lawyer briefed before you start looking are the two biggest levers. Choosing a franchise format that doesn't require a bespoke site removes the single biggest variable.

Katie Granger

Founder & Director, Franchise Agent

Katie is the founder of Ethical Edge Business Group, a Queensland-based franchise recruitment and sales systems consultancy working across hospitality, fitness, food and NDIS brands Australia-wide.