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What are the Franchise Fee’s?

This is a summary of the current Franchise Costs

  • $90,000 Franchise Fee.
  • 9.5% Royalty on gross receipts.
  • Equipment Cost. This is subject to an agreed equipment list and currency exchange rates.  In 2023 the range was between $330,000 and $360,000 plus GST.
  • Fit-out Cost.  This is subject to location, building condition, size, and the existing structure. In 2022-23 the range was between $150,000.00 and $200,000.00 plus GST.
  • There is no marketing fee currently, although the Franchise Agreement allows the establishment of a marketing fee in future, at the discretion of the Franchisor.  This could be for national TV and radio advertising for example.
  • IT equipment (computers, monitors, display TV’s, printers, Wifi, Sonos music system, camera security system and alarm), and annual IT maintenance fee negotiated with supplier and payable by the Franchisee – approximately $20,000 plus GST.
  • Initial training fee, legal establishment fee, grand opening fee, site development fee – approximately $30,000 + GST.
  • Operating capital required to support the business including rent, wages, and operating costs until break-even is achieved – approximately $120,000 plus GST.

Note: This does not include some indirect Franchisee costs for training of owners and staff (travel, accommodation, meals etc.)

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