Lotters Pine Furniture

FASA member
About
Franchises for sale/opportunities
Yes
Our franchises are:
Nationwide
Franchises Opportunities / for sale in South Africa
All Provinces
Eastern Cape
Free State
Gauteng
KZN
Limpopo
Mpumulanga
Northern Cape
North West
Western Cape

Activities

Pine Furniture Retailers.

Background and History

Established 1969. 18 stores in operation presently.

Franchisee Profile

Owner run, sales skills, ambitious.

Training Offered
Yes
Type of Training Offered

Full training.

Financial

The total initial investment required for an average store is in the region of R800K.

The upfront franchise fee and initial setup cost is in the region of R250K and working capital – mostly stock A further R550K (all excl.VAT).
An ongoing Royalty Fee of 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.

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