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Choosing to start a business is one of the most important decisions you'll ever make. That's why we aim to supply you with all the information you need to make such a decision.
WHAT ARE THE CORE SKILLS I NEED TO BECOME A SAN CHURRO FRANCHISE PARTNER?
Energy, passion and dedication to serving a world-class product, with second-to-none customer service. A willingness to work hard at building your business, and following the proven systems and business guidelines that San Churro have put in place to help you.
WHAT IS THE INITIAL INVESTMENT?
The initial investment comprises of the franchise fee, intellectual property, store design, fixtures & fittings, equipment, operating systems and training. Depending upon the location this cost can range from approximately $350,000 to $500,000 (ex GST). This investment includes an initial franchise fee of $55,000+GST, which is due upon signing the Franchise Agreement.
WHAT ARE THE ONGOING COSTS?
All Franchise Partners are levied a Franchise Royalty of 6.5% of net sales as well as a Marketing Levy of 2.5% of net sales, that facilitates local and national brand building and drives customers to your store.
HOW CAN I FINANCE MY BUSINESS?
Although San Churro does not offer any direct or indirect financing, there are many ways to finance a new business:
• From savings
• Borrowing against existing personal assets
• Borrowing a portion against the plant equipment purchased by the business
• Using ready cash from the sale of an existing business or property
HOW LONG HAS CHOCOLATERIA SAN CHURRO BEEN IN BUSINESS?
Chocolateria San Churro commenced business in September 2004. The first store opened its doors in March 2006.
DOES CHOCOLATERIA SAN CHURRO HELP WITH LOCATION SELECTION AND THE LEASE?
Chocolateria San Churro generally identifies, negotiates and holds the head lease on behalf of the Franchise Partner.
WHAT IS THE AVERAGE SIZE OF A CHOCOLATERIA SAN CHURRO STORE?
For an in-line store approximately 100-150m2.
HOW LONG WILL IT TAKE TO OPEN A CHOCOLATERIA SAN CHURRO STORE?
It takes approximately 12-16 weeks to build a Chocolateria San Churro store once a commercial lease has been agreed.
AM I REQUIRED TO WORK IN THE BUSINESS?
Yes, we believe that it is vital that the Franchise Partners work in their businesses. The best business results are achieved when our Franchise Partners maintain an ongoing and active role in the business.
HOW DO I LEARN TO RUN MY BUSINESS?
Chocolateria San Churro conducts a comprehensive training course for all Franchise Partners. In this course you learn everything from how to make the best churros to business management.
WHAT HAPPENS ONCE MY STORE OPENS?
Chocolateria San Churro provides ongoing support in training, operations and marketing through store visits, newsletters, regional and national meetings.
WHAT KIND OF RETURN CAN I EXPECT FROM THE OPERATION OF A CHOCOLATERIA SAN CHURRO FRANCHISE?
Due to the significant variables affecting the profitable performance of each individual franchise, it is inappropriate for us to make any representation to you as to the potential level of sales and profitability on any existing or new store. We advise you to review the Disclosure Document provided and assess the viability of the business with your legal, accounting and business advisors.
CAN I OWN MORE THAN ONE SAN CHURRO BUSINESS?
Yes, we have a number of Franchise Partners that own and operate multiple locations.
WHAT MAKES THE SAN CHURRO FRANCHISE OFFER BETTER THAN ITS COMPETITORS?
The Chocolateria San Churro concept is like no other in Australia. The business model has commercial viability and strong consumer appeal, capitalising on the Australian love affair with everything Spanish, and their desire to seek out the very best ingredients and products.
The San Churro senior management team are experienced, successful professionals, with extensive marketing, retail and sales experience across small, medium and large sized businesses. Branding, teamwork and a strong culture of enjoying what we do are the strengths behind our business, and the essential ingredients that have made our success a reality.
