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CBD
Stafford
Garden City
Maroochydore
Chermside
Start up costs The franchisees initial investment can vary due to many factors including lease terms, location size, venue fit-out, etc. The figures detailed here are based on the franchisors own venues. They should be used as a guide only and all franchisees should seek their own professional advice. Start Up costs range from $250,000 to $600,000. *In many cases, the franchisor and franchisee are able to negotiate a fit-out contribution from the landlord that can reduce this figure. **Beach House offers guidance and contacts on equipment leasing. Depending on the franchisee and the location, the franchisor may approve leasing to reduce the overall start up costs. Initial Franchise Fee The Initial Franchise Fee is $25,000. For this fee the franchisee receives: The right to open a venue & use the Beach House name & image Operations manual Technical manual 2 week training course at a Beach House Bar & Grill venue Initial training at a company owned venue Support during the first month of trade Advice and ongoing assistance on the following: Finding a location Lease negotiations Venue equipment selection Financial guidance and contacts Venue construction Venue suppliers, products and pricing Preparing to open Recruitment of staff Computer and software training Paperwork and controls Grand opening advertising and promotions Franchise Service Fee The ongoing franchise service fee is 5% of weekly sales. For this fee the franchisee receives: A continual licence to use Beach House’s name and trademarks A quarterly venue business evaluation by the company consultant. These visits ensure company standards and also the franchisee receives valuable ongoing business advice and performance analysis. Operation manual updates. Quarterly newsletters. The opportunity to attend regular franchise meetings, seminars, workshops and conferences. Ongoing advice from the franchisor, in particular: Pricing of products and services Product development and research Stock control Personnel and Training Financial and bookkeeping advice Advertising and Marketing advice Equipment maintenance Venue expansion Plus a myriad of other business and hospitality issues Advertising Fee The Beach House Bar & Grill advertising fee is 2% of weekly sales. For this the franchisee receives: The ability to use this funding in the local market area, as decided by the franchisees in the Beach House marketing fund. Special promotions and exposure of the Beach House brand.