The Spur Grill & Go will provide franchisees with a unique opportunity to tap into the fast casual dining sector with the support of the Spur Brand.
Franchisee to have 50% unencumbered capital (50% of R3,3 million) with the ability to raise finance for the balance of the capital.
Upfront Fee: R100 000;
Approx establishment Cost: R3,3 million;
Recommended working capital: R1.150 million;
Total Investment: R3,3 million;
Franchisee’s minimum own cash
(before loan): R1 150 million;
MSF: 4%; ADV: 2%;
Total Fees: 6%.