The Numbers
Franchise contract
10 years plus two 5-year options
Initial investment: $50,000
Renewal fee option: $5,000
Royalties: 5%
Advertising: 4%
Real estate
Area: 7000 sq. ft., 10-year lease, two 5-year options
End cap
A-1 visibility
Display and frontage required by the concept
Gross rent between 8-10% of sales to break even
Total investment of approximately $1.2 to $1.4 million
Required cash (excluding sales tax): 35% to 50% (lien free)
Capital fund: $50,000
Real estate and construction criteria
Market development
Active population of 30,000 to 50,000 people within 10 kilometres
Traffic generators
Shopping mall
Automobile traffic
Residential area
Movies & institutions
Parking
Vehicular access
Lease
Our standard offer
Lease is signed by the franchisee
Pacini usage clause
Right of first refusal and option to the franchisor
Notification to the franchisor if the franchisee is in default
Pacini can assign the lease to another Pacini franchisee without the consent of the owner
Contact
Lafleche Francoeur, Business Development Director
l_francoeur@convivia.ca
514.207.5258



