And What Will It Cost Me And How Much Will We Make?
Up Front Investment
Franchisee Fee $ 45,000
Equipment $ 200,000
Building Fitout $ 50,000 - $150,000
Pre Opening Costs $ 55,000
Total $ 350,000 - $450,000
The building fitout will vary depending on the size and condition of the selected building, and how much the Landlord will spend to attract a quality long term tenant, like LOLLIPOP'S PLAYLAND. Where possible we prefer to get the Landlord to do the majority of the building fitout, to keep the franchisees capital investment down, and in return we are prepared to pay a little extra in ongoing rent.
Income And Expenditure Projections
Income- Based on customer projections and actuals from established sites
- x % of local population of 1-11 year children visiting per annum
- $x.xx per head ticket average
- Number of Parties per week
- Cafe sales per visit
Expenses - Labour - Hours per week and per 100 customers and average cost per hr
- Food cost percentages
- Fixed costs including rent, power, insurance, royalty, etc
- Other variable costs including marketing, consumables, etc.
To give a Cash Trading Profit and the deducting Owners Drawings, Interest, Depreciation and Tax
As mentioned earlier, a potential $100,000 plus Cash Trading Profit can be achieved by owning and operating a LOLLIPOP"S PLAYLAND. Full financial information will be provided to qualifying applicants (with the necessary financial resources) once they have signed a 'Confidentiality and Restraint of Trade' Document.