|
LOLLIPOP'S PLAYLAND Franchising Structure
1. Initial Franchising Fee- $45,000
Benefits
- You can use the registered LOLLIPOP'S PLAYLAND name and Cat Logo, saving the need to develop your own and capitalising on future national brand awareness.
- You will have access to all LOLLIPOP'S PLAYLAND systems and information to help setup and operate you business including a regularly updated three volume Franchise Manual.
- You will receive full assistance to secure a suitable site, obtain financing, source and setup equipment. Training will be provided and experienced people will be there to help you through your opening weeks.
Each of these benefits will save you $10-20,000 and also valuable time.
Payable - $8,000 on signing of a Heads of Agreement prior to securing the site and sourcing equipment. If no suitable site is found after six months either party can void the agreement and the $8000 is not refunded.
- $15,000 when a suitable site is found and goes unconditional.
- $22,000 on opening day of your Franchise
2. Ongoing Royalty
The Franchise contract is for 10 years with one 10 year right of renewal.
4% of sales payable monthly
For the use of the Name and ongoing assistance with development, marketing and operations.
Franchisee applicants are welcome to contact existing Franchisees to gain their perspective of the concept, the integrity of the LOLLIPOP'S PLAYLAND franchise system and the level and quality of franchisor support
3. Ongoing Advertising Contribution
1% of sales to be spent on pooled National Advertising through our National Branding Fund.
|
