SET UP COST: Approximately R625 071.00 (ex vat)
The King Pie Store model is the most versatile retail format sized between 25-40 sqm depending on the retail space available.
These shops are designed to perform at its best in shopping centres, high street locations and preference is given to a corner shop situated next to an anchor tenant with high foot traffic.
Preference will be given to corner shops and high foot traffic area is a determining factor.
All equipment and shop fitment is included in the investment price.
The King Pie Store sells the following products: Pies, Chips, Cold Drinks. In addition, you can sell Slush Puppies, Ice Cream and Coffee.
Joining fee for a new franchisee initial (Initial Fee/Training/Contract Fee)
R60 000.00 (ex vat)
Management Service Fee (MSF)
Month 1: R5 000.00 (ex vat)
Month 2 to 12: 3,5% on previous month’s turnover
Month 13 onwards: 5% on previous month’s turnover
Marketing Fee
Month 1: R1 500.00 (ex vat)
Month 2 to 12: 1% on previous month’s turnover
Month 12 onwards: 1,5% on previous month’s turnover
Average Turnover
Approximately R180 000 per month
*Terms of franchise agreement is for 5 years
*The specifications and requirements may change depending on the list
