Franchises

 

 

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