Pine Furniture Retailers.
Established 1969. 18 stores in operation presently.
Owner run, sales skills, ambitious.
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.