What does my Joining Fee cover?
This fee covers the following aspects
of opening an Ocean Basket Franchise Restaurant.
Brand Name and use of associated
Intellectual Property of the Brand.
Training of Crew (excl. Meals,
Accommodation and Wages).
Training Manuals.
Standard Of Operations Manuals.
All design.
Opening Marketing Materials (menus,
posters, etc.)
How
Much Does a Typical Store Cost?
A Model Ocean Basket store of approximately
240 - 280 square meters, without any equipment
beyond the minimum Ocean Basket Specifications
Costs Approximately.
R 1 800 000,00 excl. VAT
The Development Crew will however assemble
a complete costing pack for your particular
outlet, once we have reached that stage.
To whom do I pay?
All Capital Requirements and Financial
guarantees are to be ledged with the Franchisors
Attorney prior to commencement of the development
and will be held in a trust until payment falls
due to the development team.
How are my Franchise Fees determined?
They are estimated on a predetermined
sliding scale depending on the turnover for
your specific outlet. This may in due course
be adjusted due to certain criteria.
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