BANYULE TERRITORY
BANYULE, MELBOURNE, VICTORIA.
Welcome to Your New Territory: Banyule!
We're excited to welcome you soon as our newest franchise partner in the picturesque and vibrant region. Read on to find out how you can join us in this thriving community!
FRANCHISE LEVEL
FRANCHISE PARTNER
POPULATION
129,602
- Welcome to the City of Bunyule: Your Gateway to Success!
Bunyule is a dynamic and burgeoning suburb in Melbourne's north-eastern corridor. It offers an exceptional opportunity for franchisees to establish and grow their businesses in a vibrant and supportive community.
Why Bunyule?
Cultural Diversity: Bunyule is a melting pot of cultures, creating a rich and varied market for businesses. This diversity ensures a wide range of customer preferences and a welcoming environment for new ventures.
Accessibility: With excellent public transport links and major roadways, Bunyule is easily accessible for customers from across Melbourne. This connectivity ensures a steady stream of potential customers.
Family-Friendly Environment: The suburb boasts numerous schools, parks, and recreational facilities, making it a popular choice for families. A strong sense of community and local support are key factors that drive business success in Bunyule.
Economic Growth: Bunyule is experiencing significant growth, with new developments and infrastructure projects boosting the local economy. This growth translates into increased business opportunities and a thriving commercial landscape.
Community Engagement: The residents of Bunyule take pride in supporting local businesses. This community spirit fosters strong customer loyalty and creates a solid foundation for franchise success.
Investing in Bunyule means becoming part of a community that values quality, innovation, and local engagement. It's not just about setting up a business; it's about contributing to the vibrancy and growth of a suburb on the rise.
Are you ready to make your mark in Bunyule? The opportunities here are as limitless as your ambition!
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
Bellfield, Briar Hill, Bundoora, Eaglemont, Eltham, Eltham North, Greensborough, Heidelberg, Heidelberg Heights, Heidelberg West, Ivanhoe, Ivanhoe East, Lower Plenty, Macleod, Montmorency, Rosanna, Saint Helena, Viewbank, Watsonia, Watsonia North and Yallambie
FRANCHISE FEE & ROYALTIES
FRANCHISE FEE PURCHASE
$5,000
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 2 year option there after)
ROYALTIES
$450 monthly flat fee when total revenue is $6500 per month and under.
When total franchisee revenue exceeds $6501 per month an additional 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 PACKAGE FEE
$250
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.