Estimated Set-up Costs for a typical Munchies Outlet Ranging in Size from a
1,000sq ft unit down to a 120sq ft unit.
|
Inventory and Capital Requirements |
c1,000sq ft (€) |
c500sq ft (€) |
c250sq ft (€) |
Fixtures and Fittings
• Shop fit/front
• Electrical
• Decoration/Menu Boards
• Plumbing/Electrics
• Signs
• Music System
• Furniture
|
85,000 |
75,000 |
38,000 |
Kitchen Equipment
• Fax/Phone/Printer
• Refrigeration Display
• Coffee Machine, Toaster etc.
• Cooker
• Grease Trap
• Miscellaneous
|
54,000 |
52,500 |
42,500 |
| Franchise Fee |
20,000 |
20,000 |
20,000 |
| Training manuals |
5,000 |
5,000 |
5,000 |
| Web Service & Set-up |
2,000 |
2,000 |
2,000 |
| ePOS System & Set-up [Till System] |
5,000 |
5,000 |
5,000 |
| Launch Promotion |
5,000 |
5,000 |
5,000 |
Professional Fees
• Design and Management [€5K]
• Auctioneers Fees [€6.5K]
• Legal Fees [€3.5K]
• Staff Training [€3.5K]
• Accountancy Package and Laptop [€3K]
|
21,500 |
21,500 |
21,500 |
Working Capital
• Opening Stocks [6/5/4.5]
|
6,000 |
5,000 |
4,500 |
| Total |
€203,500 |
€191,000 |
€143,500 |
Please note:
All costs are quoted in Euros and exclude All taxes (Vat and
stamp duty). All Franchise Partners are advised to seek independent financial
and legal advise.
The foregoing figures are based upon a typical 1,200 to
250 square foot Munchies Outlet. Please note these figures are based upon a
typical shopping centre retail shell and make no allowance for major
construction work, provision of toilets or purchase of leasehold interest. If
these are likely to arise they should be ascertained at a very early stage of
the planning process.
Munchies work with a number of finance providers and will be
able to assist with presenting your case for funding. You should understand
that you will need to provide circa 50% of all funding from your own resources
and be in a position to provide security for all loans.
Support Network
The cornerstone of the Munchies Ethos is based upon placing
all of our focus on Customer Service and the Quality of our Products
/Presentation. To ensure this to works we will provide a comprehensive support
network . Key to this is training which will be provided when you first become
a Munchies Partner and on an on-going basis. Our training will concentrate on
the operational and management tools essential to provide you with the
necessary skills to maximise your profit and maintain a quality production
process. You will initially spend six to eight weeks working in one of our
incubator outlets. You will work directly under one of the Munchies Founding
Partners. Following this a supervisor will work with you to set-up and
establish your new Munchies Outlet. The success of each Munchies Outlet is
dependent upon us providing each one with the necessary tools to succeed and to
continue to grow and innovate. We will therefore support You with the necessary
expertise on an on-going basis to help you maximise the Munchies Brand and
thereby give you the security necessary to develop your own business.
Support Systems
To prepare our Munchies Partners the following additional
supports will be put in place prior to the opening of your Outlet:
-
Site selection and Geo- demographic Profiling.
-
Store Design, fit out and Construction.
-
Supplier Contacts.
-
Supply of the Munchies online Web Shop.
-
Supply of an Integrated EPOS Till System.
-
Launch Promotion and On-going Brand support.
-
Supply forum for initial and on-going training
-
Supply Operations manuals
-
Innovation in the Brand Position and Food Presentation
-
Lease Negotiations
-
Field support and reviews
|