1. Set Up cost for Jimmy’s Killer Prawns

       * The average set up cost for a store up to 200sqm is from R1.4m. 200sqm to 

          250sqm from R1.8m depending on various factors such as the size of the

          premises, location, pre-opening expenses, opening inventory, selection of

          equipment, signage, seating quantity, style of décor & landscaping, etc,

          the cost may change.

       * The initial joining franchise fee is R100k excluding vat.

       * Working capital required is R100k.

       * Transport costs vary depending on the distances that need to be travelled.

​​​​

All of the costs mentioned above do not include any structural changes to fixed property like shop fronts, air conditioners, building of external walls, demolishing & outside decking or outside flooring, opening inventory, vat, etc. The final costs will only be determined once the particular site has been inspected & assessed & it excludes any potential tenant installation allowance received from the landlord.

A minimum of 50% of the set up costs must be unencumbered & the balance can be financed. However, being a turn-key operation, the full amount together with the initial joining franchise fees will have to be fully paid up before the project commences.

   2. Additional Funding

       * Killer Brands has been accredited with various financial institutions and only  

          a 50% initial amount is required from the franchisee.

 

 

ROYALTY FEES

* Royalties are 5% on turnover.

* A national marketing fee is also applicable.

application PROCESS

* Submitting a completed application form does not in any way guarantee acceptance.

   It is simply the first step in a process that is designed to ensure that both parties will

   be jointly happy through a franchise agreement.

* Your application will be reviewed & you will be notified telephonic-ally & via e-mail

   of the review result.

* Credit checks, financial checks, deeds check, etc. will be undertaken & applicants 

   meeting the Killer Brands initial criteria & requirements will be interviewed by a 

   Director of Killer Brands for final approval.

* The Managing Director will then decide whether the applicant will be

   approved to commence training.

Franchising

* Approved applicants will need to successfully complete the Killer Brands full training

   programme at Killer Brands Head Office & the designated training store.

* Training is vital & it is fundamentally important to the success & profitability of the

   business. The training also ensures that the operations are uniform from one store to

   another store.

* It will be the responsibility of the franchisees to recruit their staff members with the

   assistance of Head Office if required.

TRAINING

* The business model has been designed to achieve a return on investment within a

   period of 24 months to 36 months.

* No guarantees are made as all businesses have their own risks.

return on investment