The Coffee Club Franchising group - solutions franchising group
The Coffee Club Franchising group - solutions franchising group
The Coffee Club Franchising group - solutions franchising group
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FaQs<br />
How do I obtain financing?<br />
If required, <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> can assist by putting<br />
you in touch with accredited financial institutions<br />
who are familiar with our systems and brand.<br />
Similarly to buying a house, you will need a<br />
deposit and sufficient security.<br />
What will be my return on investment?<br />
This relies on the growth and profitability of the<br />
business under your ownership. We would hope<br />
that your investment pays you handsome returns;<br />
however, we cannot predict or guarantee what<br />
this return may be.<br />
What is the length of my Franchise<br />
Agreement?<br />
This initial term of the franchise Agreement will<br />
match the term of your lease.<br />
How soon after approval can I expect to<br />
open my store?<br />
location is the biggest determining factor, and site<br />
selection requires tremendous commitment, talent<br />
and expertise. After site identification is approved<br />
by <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong>, lease negotiation, design,<br />
layout and construction comes next. This process<br />
can take six to twelve months.<br />
© <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> Pty Ltd as Trustee for <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> Unit Trust 2011<br />
®* Registered in Australia<br />
Will I be able to sell the business in the<br />
future?<br />
Yes. <strong>The</strong> franchise is yours to sell under certain<br />
guidelines and conditions. <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> will<br />
need to give approval on the selection of new<br />
franchisees in the same way that you would<br />
be approved. <strong>The</strong> purchaser will continue the<br />
operation of the franchise.<br />
Is investing in a Franchise risk-free?<br />
<strong>The</strong> risk involved in participating in any reputable<br />
franchise System should be significantly less<br />
than the risk involved in proceeding in a similar<br />
business on your own account. Any retail<br />
business involves risk and <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong><br />
cannot guarantee the sales of a particular café or<br />
its profitability.<br />
Should I seek independent advice before<br />
entering <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong>’s Franchise<br />
System?<br />
<strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> requires that its franchisees<br />
obtain competent legal advice before entering<br />
into the franchise documentation to ensure that<br />
franchisees fully understand their obligations.<br />
In addition it is recommended by <strong>The</strong> <strong>Coffee</strong><br />
<strong>Club</strong> that franchisees retain the services of a<br />
competent accountant and commercial business<br />
advisor.<br />
Do I need prior experience in the retail coffee<br />
business?<br />
No. Previous experience managing a retail<br />
business is a great advantage and the preferred<br />
way to becoming a franchisee with <strong>The</strong> <strong>Coffee</strong><br />
<strong>Club</strong>.<br />
however, our extensive training program and years<br />
of experience will help you operate your own store.<br />
Is there a standardised procedure that I am<br />
required to follow?<br />
Yes, but our procedures are simple. <strong>The</strong> <strong>Coffee</strong><br />
<strong>Club</strong>’s systems are for diversified matters such<br />
as reporting, insurance, accounting practices,<br />
purchasing, hiring and training new staff, cost<br />
control, marketing, merchandising and other<br />
essential functions that contribute to the efficient<br />
operation of your store.<br />
Why do you charge an initial Franchise fee<br />
and project management fee?<br />
<strong>The</strong> initial franchise and training fee is in<br />
consideration of <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> establishing the<br />
business and in particular, compensates for:<br />
• Selection of a location and lease terms using<br />
the negotiating strength of <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong><br />
• Supervision by <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong> of the<br />
complete design, construction and fit-out of the<br />
café<br />
• Provision of training and assistance prior to and<br />
at the initial opening of the café<br />
• <strong>The</strong> initial right to use <strong>The</strong> <strong>Coffee</strong> <strong>Club</strong>’s<br />
intellectual property<br />
What services do the ongoing Franchise fees<br />
cover?<br />
<strong>The</strong>se fees entitle you to continue to be part of <strong>The</strong><br />
<strong>Coffee</strong> <strong>Club</strong> system, as well as benefits from the<br />
following services:<br />
• Supplier selection and volume buying<br />
arrangements<br />
• Standardised accounting and reporting<br />
• Research of new and varied products<br />
• Staff training and management assistance<br />
<strong>The</strong> franchise fee (6 percent) is set as a percentage of<br />
your weekly sales so that we only benefit as you do.