CITY OF VINCENT TERRITORY
PERTH, WESTERN AUSTRALIA.
Welcome to Your New Territory in the City of Vincent. This territory includes the council regions of Vincent and Cambridge. We're excited to have you join us soon as our latest franchise partner in this vibrant and eclectic region of Perth! Read on more to discover this territory.
FRANCHISE LEVEL
FRANCHISE PARTNER
POPULATION
71,258
TERRITORY PROFILE
- As you embark on this new adventure, here's what makes the City of Vincent and the Town of Cambridge fantastic places to establish and grow your business:
Location and Community
Nestled in the heart of Perth, the City of Vincent and the Town of Cambridge offer a dynamic mix of urban sophistication and suburban charm. From the bustling streets of Leederville and Mount Hawthorn in Vincent to the serene, leafy neighborhoods of Floreat and City Beach in Cambridge, you'll have the opportunity to connect with a diverse and engaged community.
Diverse Demographics
This territory encompasses a wide range of demographics, attracting young professionals, families, and retirees. The City of Vincent is known for its vibrant cultural scene and youthful energy, while the Town of Cambridge boasts a more relaxed, family-friendly atmosphere. This diversity provides a broad and varied market for your business.
Economic Strength
The City of Vincent and the Town of Cambridge benefit from strong local economies, driven by sectors such as retail, hospitality, professional services, and healthcare. Their proximity to Perth's central business district enhances commercial opportunities and ensures steady customer traffic. Additionally, local initiatives and support programs foster a thriving business environment.
Lifestyle and Amenities
Both Vincent and Cambridge offer an exceptional quality of life. Enjoy the eclectic dining and entertainment options in Vincent, with its trendy cafes, bars, and cultural venues. In Cambridge, residents appreciate the peaceful parks, beautiful beaches, and high-end shopping precincts. This blend of urban and suburban amenities makes the region highly attractive for both living and working.
Supportive Business Environment
The City of Vincent and the Town of Cambridge are committed to supporting local businesses. With various resources and programs designed to encourage business growth and development, you'll find ample opportunities to thrive. From networking events to business development workshops, the community is here to help you succeed.
We're confident that your business will flourish in this dynamic and vibrant territory. Welcome to the City of Vincent and the Town of Cambridge!
This territory may include additional suburbs or regions, as further detailed in the disclosure document.
The territory map highlights only the main region.
SUBURBS AND REGION
Suburbs Include; Coolbinia (part), East Perth (part), Highgate, Leederville, Mount Hawthorn, Mount Lawley (part), North Perth, Osborne Park (part), Perth (part) and West Perth (part). Also includes; City Beach, Floreat (part), Jolimont (part), Mount Claremont (part), Wembley (part), Wembley Downs (part) and West Leederville.
FRANCHISE FEE & ROYALTIES
FRANCHISE FEE
$5000
The Franchise fee is the fee that the franchisee pays the franchisor for the right to enter into a franchise agreement. It is the fee that gives the right to the franchisee to sell goods or services under the franchisor's brand and business processes for the duration of the term of business.
LENGTH OF TERM
3 YEAR TERM (With additional 2 year option thereafter)
ROYALTIES
$450 monthly flat fee when total revenue is $6500 per month and under.
When total franchisee revenue exceeds $6501 per month a 7% royalty fee is payable.
FEES AND COSTS
MARKETING FEE
$400
This monthly fee is a payment that franchisees make towards the overall marketing, advertising, and promotions of the franchise as a whole.
WEB ADMIN FEE
$290 per month
This monthly fee covers the cost of utilising the accounting software package, roster app system and online design software program. All these software programs you are required to use during the term of your franchise business operations.
EQUIPPING YOUR FRANCHISE FOR SUCCESS
To ensure every Cocktail Queen franchisee is equipped for success from day one, a start-up equipment purchase is required. This ensures brand consistency and the ability to deliver our signature cocktail experiences.
ESSENTIAL START-UP SYSTEMS
Glassware Rack System: A complete glassware rack system, including all necessary glassware, is essential for every territory. The size of the required system is determined by your chosen territory size, guaranteeing you have the right capacity for your events.
Crew Shaker System: A crew shaker system is also mandatory, providing you with the tools to efficiently craft our delicious cocktails. The size of this system is also dependent on your territory size.
OPTIONAL EXPANSION SYSTEMS
Champagne Tower System: Some territories may require the purchase of a Champagne tower system, with the size varying based on the territory. Even if not initially required for your territory, this system can be purchased later to expand your service offerings and cater to a wider range of events.
Mini Mixology Class System: Similarly, a Mini Mixology class system may be required for certain territories, again with the size depending on the territory. This system allows you to offer our popular mixology classes. If your territory doesn't initially require it, you can still invest in this system at a later stage.
The specific size types, requirements, and pricing for all start-up systems are comprehensively detailed in the Franchise Disclosure Document. This document provides all the information you need to make an informed decision about your investment.
VEHICLE REQUIREMENTS
MID SIZE SUV OR SMALL VAN
WRAPPED IN COCKTAIL QUEEN DESIGN
A dependable, franchisor-approved vehicle must be purchased and wrapped by the franchisee. This expense is the responsibility of the franchisee. Franchisees have the option to buy a new car from one of our approved dealerships or use their own car, provided it meets the franchisor's standards.