Lotters Pine Furniture

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For Sale / Opportunities
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Pine Furniture Retailers.

History and Franchise Opportunity

Established 1969. 18 stores in operation presently.

Franchisee Profile

Owner run, sales skills, ambitious.

Type of Training Offered

Full training.

Financial Cost

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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