franchise information

Blacksteer
 
Set-up Costs: R4,800,000 Excluding VAT. Developed on a Turn-key basis.
 
Un-encumbered Cash: R2,400,000 Excluding VAT.
 
Stock: R120,000 Excluding VAT. (Not included in set-up costs).
 
Initial Joining Fee: R150,000 Excluding VAT. (Not included in set-up costs).
 
Monthly Franchising Fee: 5% of Net Turnover.
 
Monthly Marketing Fee: 3% of Net Turnover.
 
Site Requirements: 300m²- 400m². Strategically located with good visibility and preferably outside seating.
 
Comments: Running a Blacksteer franchise requires structure, administration and management. The franchisee must be physically capable of working the hours required in this business and the typical age of a franchisee is between 28 and 55.Training is conducted in an existing operation. The new franchisee and team will undergo an intensive 6 week training program, which encompasses both the theoretical and practical on the job training. The training is designed to prepare the participants fully for the operation of their new business.
 
 
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