franchise information

Mi-Vami
 
Set-up Costs: R600,000 Excluding VAT. Developed on a Turn-key basis.
 
Un-encumbered Cash: R300,000 Excluding VAT.
 
Stock: R40,000 Excluding VAT. (Not included in set-up costs).
 
Initial Joining Fee: R50,000 Excluding VAT. (Not included in set-up costs).
 
Monthly Franchising Fee: 5% of Net Turnover.
 
Monthly Marketing Fee: 2% of Net Turnover.
 
Site Requirements: 80m²- 150m². Strategically located with good visibility and preferably outside seating.
 
Comments: Mi-Vami believes that finding the right people to fly the Mi-Vami flag is key to the success of their brand and their growth strategy. The ideal franchisee possesses entrepreneurial spirit, takes pride in the brand and their establishment and endeavours to ensure the success of both.
 
 
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