Retail franchise

1.   Home Buy and Sell Franchise in Australia   Resources Blog   Top 5 Retail Franchises In Australia The franchise sector employs 522,877 people in Australia, with a turnover estimate of $132.2 billion in 2023 alone.  Narrowing it down to Australia’s franchising and retail business sector, the annual turnover amounts to over $177 billion. (Source: HOLMANWEBB and Australian Government) There is a reason people opt for retail franchising opportunities: They are opposed to setting up a new business from scratch. With franchising in retail sector, you can leverage a company’s existing goodwill, trademark and popularity and with most franchises offering training to their franchisees, you will get all the necessary information you need to start up and succeed. With that in mind, let’s look at the top 5 retail franchises in Australia. In the Article (Quick Access)   1. 7-Eleven 2. Poolwerx 3. Clark Rubber 4. Snap-on 5. Pirtek 7-Eleven 1927 Year of Establishment 84, 000 Number of Franchises/Locations $47,050 – $1,165,400 Franchise Investment Cost Varies Royalty Fee Brief History About 7-Eleven 7-Eleven, Inc., an American convenience store chain, is based in Irving, Texas, owned by the Japanese corporation Seven & I Holdings.  Established in 1927, 7-Eleven manages, franchises, and licences over 84,000  fuel and retail store franchises  in 20 countries worldwide.

2. In 1976, recognising emerging retail trends, the Withers and Barlow families signed an area license agreement to   Home Buy and Sell Franchise in Australia   Resources Blog   introduce the 7-Eleven brand to Australia.  They opened the ?rst business in Melbourne South Eastern suburb – Oakleigh, in 1977.  7-Eleven operates locally with around 750 stores across Victoria, QLD, ACT, NSW, and Western Australia.  The 7-Eleven franchise network includes over 450 small family-owned businesses. Franchise Requirement According to the limited ?nancial information disclosed by 7-Eleven on their website, the initial investment includes three main components: A franchise fee of $25,000, initially A $20,000 to $40,000 inventory down payment ranging plus an initial cash register fund  Land and building improvements, which differ depending on the location (Source: 7-Eleven) A more detailed investment is often obtained when you apply and indicate interest in owning their franchise. However, the last time we checked, owning a 7-Eleven convenience store franchise costs between $47,050 and $1,165,400. This largely depends on location, franchise con?guration, store type, and speci?c build-out requirements. Royalty rates vary by franchise type, and 7-Eleven takes a share of the store’s gross pro?t. Poolwerx 1992 Year of Establishment 350 Number of Franchises/Locations $90,000 + GST + Cost of Van Franchise Investment Cost N/A Royalty Fee Brief History About Poolwerx Established in 1992, Poolwerx is Australia’s largest pool and spa maintenance network.  The company has over 350 territories, including mobile vans and retail stores.  Poolwerx is a leader in the highly fragmented swimming pool maintenance, equipment, repair, and supplies business. Franchise Requirement To own a Poolwerx franchise, the Mobile van opportunities start at $90,000 + GST + Van cost.  It includes exclusive territory based on precise pool location data and a complete turnkey option. Additionally,  a $10,000 cost for support in local area franchise marketing will be needed.  You will also receive Certi?cate III in Swimming Pool & Spa Maintenance One of the perks of owning a Poolwerx franchise is that you will be the ?rst Poolwerx owner in the area. You will receive a comprehensive training program as well as support from their world-class support centre staff across various focus areas (Source: Poolwerx)  Clark Rubber 1946 Year of Establishment

3. 60 Number of Franchises/Locations Buy and Sell Franchise in Australia     Home Resources Blog   $50,000 to $300,000 Franchise Investment Cost 5% Royalty Fee Brief History About Clark Rubber The Clark Rubber story started in 1946 when Clark and Charlesworth partnered to create Clark Matting and Rubber.  In the last 25 years, the company rebranded as Clark Rubber when it began franchising opportunities, growing to a network of 60 franchised territories throughout Australia.  The company offers home and recreational solutions to Australians.  The company’s franchise state o?ce is in Melbourne, Victoria, but their team assists Australia nationwide. Franchise Requirement Owning a Clark RUBBER franchise ranges from $50,000 to $300,000 to several million depending on the type of franchise, equipment, location, real estate and inventory. (Source: Clark RUBBER) Clark RUBBER provides adequate training for all its franchisees. As a franchisee, you must pay ongoing royalty fees for advertising and marketing. To receive the total investment cost, you must contact Clark RUBBER for a complete estimate and costing. Snap-on 1920 Year of Establishment 4,800 Number of Franchises/Locations $28,500 plus $13,000 minimum working capital Franchise Investment Cost None Royalty Fee Brief History About Snap-on Snap-on Tools Australia and New Zealand is a subsidiary of Snap-on Incorporated, a global leader in innovation, manufacturing, and marketing of tools, equipment solutions and diagnostics for professional users.  Founded in Wisconsin in 1920, Snap-on originated from its founders, who created unique and patented product offerings featuring ten sockets and ?ve handles that snapped on interchangeably, known as “Five do the work of Fifty.” Snap-on is one of the most successful and longest-running franchises globally.  Operating in Australia since 1988, Snap-on’s product line includes over 80,000 SKUs and is supported by more than 3,300 active and pending patents.  With 13 manufacturing facilities in the U.S.A., Snap-on serves customers in over 130 countries and maintains a global franchise network exceeding 4,800 franchises. (Source: Snap-on) Franchise Requirement You have the opportunity to become a Snap-on franchisee. The initial investment is $28,500, supplemented by $13,000 in working capital for eligible candidates.  Snap-on Finance assists quali?ed applicants by covering the remainder of the investment, including vehicle loans, inventory ?nancing, and revolving account loans. Snap-on Tools will furnish you with a Franchise Disclosure Document (FDD) containing additional information regarding the estimated initial investment and associated fees. Pirtek 1980 Year of Establishment N/A Number of Franchises/Locations $300,000-$600,000 Franchise Investment Cost

4.   Royalty Fee Buy and Sell Franchise in Australia     Home Resources Blog   Brief History About Pirtek Pirtek is an Australian company that specialises in industrial piping systems.  The company’s product offerings include pneumatic, hydraulic, power steering, industrial, pressure washers, stainless steel hoses, Te?on, adapters, couplings, ?ttings, and accessories.   Founded in Australia in 1980 by Peter Duncan, Pirtek expanded to the United Kingdom in 1988 and the United States in 1996. Pirtek operates its business using a franchise model. The company also offers installation, preventative maintenance, and hose management solutions. Franchise Requirement If you are interested in owning a Pirtek franchise, the initial investment cost for a Service and Supply Centre ranges from $300,000 to $600,000. For mobile service only, the cost starts at $150,000, depending on the vehicle utilised. While running your franchise, remember that there will be additional ongoing costs. Pirtek’s franchise fee is set currently at a 1.5% monthly turnover, with a maximum of 2.5%. Additionally, you are to remit a 2% monthly turnover, which will be paid to the National Advertising and Marketing Fund. Once you have joined their franchise, the Pirtek network will give you access to Pirtek’s extensive range of procedures and work practices. You will also have access to a dedicated team who will see that you run your business successfully. (Source: Pirtek) Let'sSpreadthe Joy - Share!       Facebook Twitter LinkedIn   Jasmeet Singh Jasmeet is a blogger based out of Melbourne who shares captivating entrepreneurial stories and has a keen eye for emerging trends. His writings re?ect a deep understanding of the Australian business landscape and a global outlook. Join Jasmeet on his journey to unravel the secrets of successful entrepreneurship and explore business concepts. Monkish Pty. Ltd. 2024   Copyright © 2024 Monkish. All Rights Reserved.Monkish Pty Ltd.