Financial Notes

Franchisee Establishment Costs:
Actual expenditure will obviously vary according to individual locations and the following example is provided for general guidance at this stage.

Premises
Advance rent and legal fees.
£ 12,000.00

Equipment
Comprehensive inventory to Frère Jacques specification, comprising:
Fixtures, fittings and display equipment for the shop area Furnishings and crockery for the tea room. Catering equipment for the kitchen. Signage. Cash register and computer telephone lines.
£ 45,000.00

Stock
Complete fresh and packaged food and beverage inventory for shop and tea room.
£ 5,000.00

Stationery, etc.
Promotional literature, menus, packaging, letterhead, business cards.
£ 2,000.00

Publicity
Local launch advertising
£ 1,000.00

Insurance
£ 500.00

Franchise Licence Fee
Inclusive of full training programme and management assistance in preparing and equipping the premises. Payable initially and non-recurring.
£ 20,000.00

Sub-total, excluding V.A.T
Reclaimable
£ 85,500.00

Working Capital Provision
£ 10,000.00

Total Requirement
Excluding Shop Fitting
£ 95,500.00

Shop Fitting
Location dependant, guideline costings:
£ 30 - 90 k

Guideline Liquid Capital Requirement
From circa £30k depending on location and investment requirement.

* Business financing packages for Frère Jacques Franchisees are available from the major banks, subject to individual circumstances. For further information, please contact Helen Dangreaux.

Frère jacques patisserie and salon-de-the prospective financial return
Detailed financial information is made available to interested parties in confidence, at the meeting stage. Please note that this relates to the actual trading performance of the original business in Cheltenham, rather than theoretical projections, and thus provides meaningful input to the Business Plan.

We are obliged to point out that these financial details should not be regarded as a warranty or assurance as to the future trading performance of a Frere Jacques franchise, as success will depend on many variables, including your own hard work, local market and general economic conditions, and competition within the relevant business sector.