Set-up Costs |
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| Operating from a town centre retail premises with full demonstration
facilities, our franchises target consumers wishing to buy domestic
audio visual systems as well as those requiring a full installation and design service
for bespoke custom installations. In addition we offer a full range of quality Hi-Fi systems, audio visual furniture and accessories. |
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| One-off Franchise License fee | £12,000* | |
| Shop-fitting | £65,000* | |
| Stock | £85,000* | |
| Legal fees & working capital | £10,000 | |
| EPOS computer system | £3,000* | |
| Total ex. VAT | £175,000 | |
| Minimum capital investment | £65,000 | |
| Most High Street banks have dedicated franchise departments and some offer special Sevenoaks franchise start up schemes, which include significant savings over standard banking arrangements. | ||
| Many banks regard a Sevenoaks franchise based on a proven system, a safer investment than starting a business from scratch. Many offer up to 70% of the total finance requirement, including working capital. | ||
Profit Projections |
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| Detailed five year financial profit projections are available to applicants having entered into a confidentiality agreement and having completed an application form. | ||
| * These figures exclude VAT at 15%. | ||