Potential Franchisees who are interested in purchasing a new store should expect to invest between $350,000 - $550,000 (depending on store size). These costs include everything that you require in order to open your store, from the shop fit-out to stock. Franchisee Fee of $66,000.00 (+GST) is included in this costing.
2. WHAT ARE THE ONGOING FRANCHISE FEES TO BE PAID TO THE FRANCHISOR?
As a franchisee you will be required to pay Fees. All Franchisees contribute 3% of gross weekly turnover to the Marketing Fund and an Administration Fee, which is 6% of gross weekly turnover
3. WHAT TRAINING IS PROVIDED?
After final approval by the management team, you will undergo 6 weeks of intensive training. This entails 3 weeks in-store training and 1 week at head office as well as material provided to you in the Operations Manual, which includes information on recruitment, products, suppliers, customer service, financial reporting and marketing tips, providing you with the all the necessary information and skills to successfully run a store!
We have a fantastic Training Department which will provide you with ongoing support in all areas of your business, along with our Road Crew who liaise with you directly by regular store visits.
4. HOW LONG UNTIL I AM UP AND RUNNING?
The time from your first expression of interest to the initial day of trading can vary but on average the whole process may take 8 weeks. The timing of your store opening is completely dependent on the handover and lease commencement date as outlined in your particular lease. Our Leasing Department negotiates all of the commercial terms of the lease, including the handover date.
5. CAN I OWN MORE THAN ONE STORE?
Yes! Hairhouse Warehouse has several multiple store owners. There is, however, a comprehensive Multiple-Store Criteria process that you will be required to undergo for approval to be given. Requirements include achieving certain KPI's of mystery shopper averages, store audits, general compliance to the franchise agreement, business performance and company structure development.
6. WHAT FORM OF CONTINUING OPERATIONS SUPPORT WILL I RECEIVE?
In addition to the Operations Manual and other materials, you will receive regular visits from our Franchise Support Consultants who provide ongoing support for you, your staff and your business.
7. DO I NEED TO BE A HAIRDRESSER, OR EXPERIENCED IN THE INDUSTRY TO OWN A STORE?
No, the majority of our Franchisee’s are not hairdresser, their staff are. We look for motivated, enthusiastic people, passionate about the brand and the idea of owning an exciting and rewarding retail business. The HHWH concept has been proven time and time again and replicated continuously throughout Australia so incoming Franchisee’s can be confident they will have all the tools necessary to succeed in the franchise operation.
8. CAN I CHOOSE WHERE I WOULD LIKE MY STORE TO BE LOCATED?
Our Franchise Department will work with franchisees to identify key retail locations. Our Leasing Department will then pursue and negotiate the best deal on the desired location.
Over the last 17 years our Company has developed strong relationships with all the major shopping centre around Australia so Franchisee's will benefit from Hairhouse Warehouse's knowledge, experience and brand name.