TL;DR
BoeFly provided funding for a WOWorks franchisee, Rogelio, to open a co-branded Saladworks and Frutta Bowls shop in Virginia. BoeFly has supported over 600 unique franchise brands, including WOWorks, which has a portfolio of healthy food brands.
Funding success story
“We recently used BoeFly to secure an SBA loan for our first co-branded Saladworks and Frutta Bowls restaurant in Chesterfield, VA,” said Rogelio. “The process was made easy by BoeFly, and they kept us informed through constant communication. We highly recommend BoeFly to any franchisee seeking financing.”
WOWorks was formed in 2020 with a mission to help guests pursue their passions and live their best lives by serving healthy, nutritious and flavorful meals. WOWorks’ portfolio consists of: Saladworks, Frutta Bowls, among other brands.
Woworks expansion plans
“We are thrilled to have Rogelio open his first co-branded Saladworks and Frutta Bowls location in Virginia,” said Brian Farris, chief development officer of WOWorks. “Like other WOWorks franchisees before him, he had great success working with BoeFly to securer the financing he needed, and we continue to rely on BoeFly as a trusted partner in WOWorks standard franchise development workflow.”
“At BoeFly, we are committed to equipping our partners with the financial support and resources to assist their franchisees in turning entrepreneurial aspirations into reality,” said Mike Rozman, CEO and co-founder of BoeFly. “We’re excited for Rogelio to open this uniquely co-branded location with two of WOWorks esteemed brands: Saladworks and Frutta Bowls.”
Founded in 2009, BoeFly is a leading financial technology company that continues to deliver innovative online tools and solutions to accelerate business forward. Led by a team of franchising and finance industry experts, BoeFly specializes in identifying gaps in the marketplace and creating customized solutions to meet changing needs. The company has developed a proprietary Franchise Sales and Finance System to meet the core needs of franchise brands and small businesses throughout the entire process, from vetting franchise candidates to matching them with lenders who can move fast.
Through its data-driven system and robust online marketplace, BoeFly is able to connect borrowers to a wide array of banks and specialty finance companies, which has accommodated over $7 billion in transactions and supported more than 600 unique franchise brands. BoeFly’s pioneering technology and products have allowed the company to offer flexible options and serve businesses at all stages of development, from established brands with thousands of locations to emerging franchisors and startups. For more information, visit www.boefly.com.
BoeFly drives growth by delivering financially qualified candidates increasing lead-to-franchisee conversion, and helping franchisees secure financing. BoeFly has supported more than 600 unique brands since 2014.
In this story
This story was originally published in Franchising.com on April 17, 2024. Burnaze summarizes and links to the original reporting.
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