Northsea

 Franchise Information / 869 views

R 1,800,000.00

Owner-run or managed by an operator with a minimum of 25% equity. Training is conducted within an existing operation. The new franchisee and team will undergo an intensive training program, which encompasses both theoretical and practical on the job training. The Training is designed to prepare the participants fully for the operation of their new business.

  • Set-up Costs: R1,800,000 - R2,900,000 Excluding VAT. Developed on a Turn-key basis.
  • Un-encumbered Cash: 50% Excluding VAT.
  • Stock: R120,000 Excluding VAT. (Not included in set-up costs).
  • Monthly Franchising Fee: 5% of Net Turnover.
  • Monthly Marketing Fee: 2% of Net Turnover.
  • Site Requirements: 185m² - 370m². Strategically located with good visibility and preferably outside seating.
  • Initial Joining Fee: R150,000.00 Excluding VAT. (Not included in set-up costs).
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