Advantages in Franchising

•Low cost of Stocks Investment
• Nationwide Retail Chain
• Nationwide Brand Identity
• Group Purchasing Power
• Comprehensive Training
• National and Localize Advertising
• Professional Retail Support


Pre-Opening Support

• Market Reviews
• Site Selection
• Lease Negotiation
• Development of Layout Design Plan / Interior Design
• Suppliers Appointment
• Merchandising Planning
• Training Programs
• Manpower Support

On-Going Support Services

• Franchise Support
• Accounting Support
• Manpower Support
• Regular Meeting & Training
• Purchase Debates
• Products Developments
• Troubleshooting
• Site Visits

Franchise Investment Summary For Malaysia Only

Items

Particulars

Amount (RM$)

Estimated Franchise Set Up Cost

1.

Franchise Fee

30, 000

2.

Store Renovation (Store Size : 1200 Sq ft)

45, 000

3.

Fittings & Fixtures

12, 000

4.

Opening Inventory

60, 000 onwards

5.

Retail Equipments

8, 000

Total

155, 000

Estimated Other Cost Required

1.

Legal Fees

(Setting Up of Company, Signing of tenancy & Franchise Agreement & etc)

2.

Rental Deposits

(landlord will normally request for 2 to 3 months rental as deposit and 1 month advance rental)

3.

Utility Deposits

(Depending on the lease conditions, Franchisee (S) may required to acquire Utility account with respective authority or body such as the electricity power supply with TNB, water supply if necessary , telephone lines & etc; normally some processing fees and deposits are required)

4.

Working Capital & pre-Opening Cost

(Allocation of working capital of equivalent to 3 – 4 months operating cost is essential. Staff may be hired before opening for training and store fit-out)

Franchise Application Flow




Franchise FAQ

1. What is the floor area requirement?
A: The minimal floor area required is only from 1,000 Sq ft

2. How much is the minimal start up investment required?
A: RM155, 000 not including legal fee, rental deposit, utility deposit and working capital.

3. Would there be any renewal fee upon completion of franchise term?
A: Yes, franchise renewal fees would be negotiable for another 5 year’s term.

4. How long is the franchise term?
A: 5 years.

5. How much is the royalty fees?
A: Collectable royalty is 0.5 % of gross sales.

6. Would franchisor carry out any advertising and marketing strategies for franchisees?
A: Franchisor will from time to time strategically carry out advertising and marketing activities to build more customer base. With that, 0.5% Advertising & Promotion fees would be collected from franchisee from each month gross sales?

7. Would potential franchisee required to look for their own site?
A: If potential franchisees do have a location in mind, franchisor would evaluate the location for suitability before granting. Otherwise, franchisor would recommend some location for potential franchisee.

8. How about training?
A: Franchisor will conduct free training for the franchisee and crews.

9. Would there be any opening support from Franchisor?
A: Yes, franchisor would delegate some of its senior officer to assist in the opening.

10. How about continual support?
A: Franchisor would designate an officer to carry out field support. This person would assist in analyzing performance and recommend plan to be better.

11. What would be the ideal business hour?
A: Business hour is from 10am to 10pm. But should the situation require any outlet to operate earlier or extend business hour, it is always recommended to do so as more sales would be collected in the process. It is also essential if the outlet is situated within a shopping mall where the opening time and closing time is fixed and all tenants are to follow. Otherwise, fines shall be imposed.

12. How is the purchasing and distribution of stocks works?
A: JUKEBOX through its comprehensive i-POS system monitors the sales of every outlet and recommends stocks to all franchisee. Franchisee may also order some of the best selling stocks in their outlet. However, the JUKEBOX merchandiser shall work hand in hand with the franchisee in preparing the order to be transported or distributed to all franchisee.

13. How effective is the control system?
A: Attested control system had been designed to assist franchisee to monitor any abnormality and able to assist in identifying problematic area immediately.

14. How fast can an outlet start business upon signing up as franchisee?
A: Upon successful signing up, one franchisee would only need to wait at least 2 months to start business. This is due to the execution of franchise agreement, registration of company, training of workers etc.

15. What is required to become JUKEBOX franchisee?
A: Strong entrepreneurship spirit and willing to work in accordance to someone else plan or strategies. Passionate about shoe business and customer relations or services.