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Home> Franchise Owners> Why choose Lenard's?>

The information represented in the table below is an example of some of the costs to set-up a new Lenard's store.

Description of Payment

Amount (excluding GST)

Franchise Licence Fee

$50,000

Fitout

$150,000 - $220,000

Plant and Equipment

$20,000 - $40,000

Electronic Point of Sale System

$15,000 - $25,000

Establishment Costs

$20,000 - $30,000

Training Fee

$6,000

Consultancy Fee

$0 - $15,000

Working Capital (includes security deposits, bank guarantee, business registrations, insurance, float, lease costs, franchise agreement preparation costs, etc)

$10,000 - $50,000

TOTAL

$270,000 - $435,000

Plus your own legal and accounting costs

Note: Franchise Owners pay ongoing fees which include:

- Franchise Fee which is 4% of Gross Turnover
- Marketing Fee which is 3% of Gross Turnover
- Lease Occupancy Costs which include base rental, outgoings and
  promotion levy (these vary from site to site)


 

 
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