Restaurants
Start from R1.8 million, dependant on size of outlet (excluding VAT, Working Capital and Landlord Contributions). 50% of the total cost is required in cash.
All new franchisees pay a joining fee of R100,000 (excl VAT) for the rights to the use of the Maxi's brand.
Take Aways / Express
Start from R850k (ex vat) site dependant. Set up fee is all inclusive as with the restaurants. 50% required in unencumbered cash. Franchisees opening a take away store pay a joining fee of R75,000 (excl VAT)
Costs include
- Building
- Signage
- In Store Signage / Branding
- Point of Sale Equipment / Computers
- Kitchen Equipment
- Project Design & Management
- Shopfitting
- Kitchen Smalls and Opening Stock
- Training
- Uniforms
- Marketing (Opening Campaign & Materials)
Working capital
Working capital amounts to approximately R300,000 (Restaurant). This cost includes items such as stock, training wages for staff while in training; provisions for rental & electricity deposits, and sundries such as legal fees & stationary.
Royalties
Management royalty: 6% of monthly net turnover Marketing royalty: 4% of monthly net turnover.
Interested in opening a franchise?
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