How franchisees can tackle the site refit requirement confidently
Running a franchise isn’t just about keeping customers happy. You’ve also got to keep your franchisor happy, and that often includes periodic site refurbishments to maintain brand consistency and experience. That’s why finding the right franchise refit funding is essential for staying competitive.
Site refits, tech upgrades, new layouts, customer-flow improvements… They’re all part of staying competitive in a fast-moving market where customers have endless choices. But the investment can put real pressure on your business cash flow, especially if timing doesn’t line up with your financial plan.
At Banjo, we get it. We know how franchise businesses roll. And we’re here to help keep things moving forward.
When a Refit isn’t Optional, It’s Essential
Your store might be performing well today, but good franchise systems know that modernising is what drives tomorrow’s success:
- Customers expect fresh, modern spaces
- Brand standards evolve
- Operational efficiency changes
- Competition intensifies
Yet even when growth is the outcome, fronting the cost is easier said than done. That’s where having the right funding partner makes all the difference.
Here’s a few examples of how Banjo helps franchisees like you with a site refit.
Franchise Gym Owner in a rapidly evolving industry
For five years, Sarah’s gym was a local favourite in the community. Members trusted her and enjoyed her facilities. But times are changing in the gym industry and franchise renewal time came with new requirements. Her franchisor wanted a full site transformation:
- New wellness layout
- Functional training zones
- Recovery and mindfulness areas
It was exciting, but $250,000 that Sarah hadn’t budgeted for.
She believed in the new concept. Data showed that refitted gyms were seeing 20% increases in new member sales. But draining her cash reserves? That wasn’t an option.
What made it possible?
A Banjo Franchise Business Loan structured over the same five-year term as her franchise agreement. No need for property as security, and she had the cash in her account within 48 hours of applying. Now Sarah’s gym is buzzing with new members and better margins — and she feels confident about the next five years.Banjo can make the timing workable without interrupting momentum. 
Quick Service Restaurant, Ready for the Next Chapter
James’ QSR has a loyal, hungry crowd, but today’s customers want:
- Digital ordering kiosks
- Faster queue flow
- A modern setting to match the menu
James’ franchisor wanted James to do a full refit of his site that delivered exactly that. The investment? $200,000!
James knew it would pay off, the franchisor had already seen a 20%+ sales boost for upgraded sites - but James needs to protect his working capital for stock and wages.
The Banjo difference
With a fixed-rate franchise loan, James spread the investment over five years, matching his franchise agreement term. He kept his cash flow flexible, and his store now serves more customers, more efficiently. Banjo Backs Franchise Momentum
Refits are big. That’s why Banjo offers franchise-specific support:
- A loan that works with your site refit requirements
- Fast and simple process
- Build your business without putting your personal property on the line
- A unique fixed rate, built for franchisees
- A lender who understands that growth requires capital
- Local support when you need it
Ready to refresh your franchise?
Whether it’s a gym, QSR, salon, retail store, or any site that could benefit from a refit, talk to us about how we can help.
Ask your broker about Banjo’s Franchise Refit Loan
or Enquire with Banjo to explore your fixed rate options
Read more about how Banjo helps FranchiseSeeking finance for a franchise refit?
Speak to our team today to explore your options.
Disclaimer
The case studies in this article are fictional and provided for illustrative purposes only. Actual loan terms, approval times and eligibility criteria are subject to Banjo’s standard credit assessment and lending criteria. Business outcomes such as increased sales or memberships are not guaranteed. This article does not constitute financial advice and Banjo recommends that independent advice is sought before making financial decisions.
