Investment Information
The Initial Investment in any retail franchise is typically composed of three elements - Initial license fees, establishment costs and working capital. TEst
1. Initial License Fees
Initial License Fees are one-off fees required to gain access to use PACK & SEND's intellectual property - including the trademarks, the complete business operating system and proprietary technology. It also includes initial training for you and/or key staff. PACK & SEND's initial training includes:
- Two weeks initial training at corporate office that covers all areas of running the franchise business.
- One week practical training in a Service Centre.
- One week on-site assistance and training in your Service Centre location during the opening period.
2. Establishment Costs
Establishment costs include such things as fit-out, equipment, packaging supplies and other items (stationery/office supplies, legal costs, uniforms, rent deposit, aviation security regulatory training and accounting software).
Establishment costs can vary. For example, fit-out costs can vary depending on the size and condition of the premises to be leased.
3. Working Capital
Like every new business that opens - you will need working capital during the development period of building your business. These additional funds support on-going expenses, such as rent and utilities, to the extent that these costs are not covered by sales revenue in the early development months of your operation.
Total Initial Investment
There are two types of franchise units that can be purchased. The first is the establishment of a new PACK & SEND Service Centre franchise in a new territory. The second is the acquisition of an existing PACK & SEND Service Centre.
Below you will find a guide to the initial investment for a PACK & SEND franchise. A complete list of initial investment details will be provided to you in our PACK & SEND Disclosure Document and Franchise Agreement. At PACK & SEND, we also require all franchisees to obtain independent accounting and legal advice before they enter into a franchise agreement.
| New PACK & SEND franchise investment includes: | |
|---|---|
| a) Initial License Fees Initial Franchise License Fee - 10 year term, with a renewal option for further 10 year term Initial Software License Fee - 10 year term |
$75,000 $5,000 |
| b) Service Centre Establishment Costs Fit-out, van, equipment, packaging supplies and other (stationery/office supplies, legal costs, uniforms, rent deposit, aviation security regulatory training, accounting software, marketing brochures & supplies). |
$160,293 - $249,643 |
TOTAL $240,293 to $329,643 plus working capital (excluding GST) |
|
Note: It is recommended that you maintain a buffer of working capital, plus cover for any sums required for personal living expenses during your first year of operation.
Existing PACK & SEND Franchise Investment
We've been operating for 30 years, so when you apply to become one of our franchisees, there may be the opportunity to purchase an existing business.
The benefits of purchasing an established Service Centre include that the business is already up and running and you will have a business with established customers and cash flow on day one. It can be a great platform to take the future performance of the business to another level and put your own stamp on it.
Existing PACK & SEND franchise investment includes:
a) Initial License Fees
Initial Franchise License Fee
- 10 year term, with a renewal option for further 10 year term $75,000
Initial Software License Fee
- 10 year term $5,000
b) Service Centre Establishment Costs
Van (if required), stationery/office supplies, legal costs, uniforms, rent deposit, aviation security regulatory training, accounting software, marketing brochures & supplies.
$52,393 - $104,450
c) Negotiated sale price of business with franchise owner Sale price varies.
TOTAL $132,393 to $184,450
plus negotiated sale price with owner, plus working capital (excluding GST)
PACK & SEND Franchise Gateway Program
If you have insufficient equity or financial resources to invest in a PACK & SEND Franchise, you may not wish to disqualify yourself before making an enquiry.
The PACK & SEND Franchise Gateway Program assists people to get into business who we believe are outstanding candidates but have insufficient equity. This includes access to major lending institutions that know and trust our brand. For qualified candidates, these lending institutions may finance a portion of the initial investment against the assets of a new PACK & SEND Service Centre location.
So, if you believe that PACK & SEND may be just the right business for you, then we encourage you to enquire about the options and possibilities.
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