- Total initial investment required for an average store is in the region of R800 000.00
- Upfront franchise fee and initial setup cost is in the region of R250K
- Working capital – (mostly stock) R550K (all excl.VAT).
- Ongoing Royalty Fee: 5% of Net Sales applies on a monthly basis as well as further 1% of Net Sales for Local and 1% of Net Sales for National Marketing efforts. No National Marketing contribution will apply for the first 6 months of trading.
Lotters Pine Franchise for Sale
Retail
From: R800000 to: R900000
All Provinces
Finance Details
Franchise Details
Lotters Pine has been supplying homes around the country with quality, pine furniture for the past half a century and to this day, the team remains dedicated to stocking the ever-popular pieces but also bringing new, fresh styles and innovative painting and staining techniques to the value-orientated customer.
Lotters Pine point of difference is that we focus almost exclusively on pine furniture, and we are truly specialists in our field. Lotters Pine also has a range of products that are manufactured exclusively for us and our showrooms carry a vast amount of stock, guaranteeing efficient service and delivery.
Pricing
MTI (Maximum Total Investment)
-
Minimum
800 000 -
Maximum
900 000
Non-Member
Please note that this franchise is not a Whichfranchise member and has limited information available. If you would like to view a list of advertised franchise opportunities with comprehensive information, click here.