FASA FRANCHISE MEMBER INFORMATION

Company Name
Elephant and Friends (Pty) Ltd
Category
Entertainment and Leisure Activities
Region
Gauteng
Tel
086 102 0202
Fax
Email
Website
Contact Person
Postal Address
P O Box 808, Wingate Park, 0153
Opportunities
Gauteng and Nationally at selected venues
History
Established in 2003 in Moreleta Park, Pretoria East. Current owners took over in 2009 dramatically inreasing turnover and profit. First franchise outlet opened September 2012.
Activities
Pub and Grill Sports Bar with live entertainment.
Profile
Outgoing, enthusiastic and committed entrepreneur determined to achieve his objectives and willing to work long hours initially.
Training
Fourteen working days initial training as well as ongoing at existing outlets.
Financial
Upfront fee R300 000.00, Approximate establishment cost R2100 000.00. Recommended working capital R100 000.00. Total investment R2.5mil. Franchisees minimum own cash (before loan) 50%. Management services fee 5%. Advertising/marketing fee contribution 1%, Total fee 6%. ALL figures excl. VAT
Membership #
F12/0664