Your Investment in Us
It is important that you have sufficient funds available to you in order to make a success of your business. We will do everything we can to ensure that you think through this part of the process and that your ambitions are fulfilled – and realistic.
Having completed your Business Plan and Financial Plan you will be well prepared for all eventualities.
As a rule of thumb you should have access to at least £100,000 to cover the initial fee, set up the business and provide working capital for the first six months.
We have good relationships with a number of High Street Banks favourable to our franchise model. Typically banks would be prepared to loan approximately 70% of your initial outlay.
Working Capital
This will help cover initial rent payment, legal fees, shop fit, IT and telephone pack, insurance, marketing and further set up costs.
Standard Fees
Standard Fees that should be taken into account when considering the initial and long terms costs of a Parkheath Franchise are:.
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Initial Franchise Fee
£9,950 plus VAT -
Management Fee
8% of monthly turnover plus VAT. There is no minimum fee, however each franchisee will have a revenue target which we expect them to meet.
