Financials
Your Investment.
The initial fee for becoming partner in the 92 Degrees franchise is just £20,000 (plus VAT).
Included in this fee is:
The right to trade under the famous 92 Degrees brand
Your own exclusive territory with excellent growth potential
Trading under our established brand name, with all the benefits of its reputation and market presence
Full and comprehensive training in all aspects of running the business, including marketing, service delivery and customer care, and day-to-day operations
Ongoing support from head office with access to expert advice and guidance whenever it is needed
Launch marketing and performance reviews to maximise the earning potential of your territory
Use of all our branded materials and marketing, including in-store menus, branded packaging and stationery
Being part of our continual, national marketing efforts, from website listings to social media
The initial franchise agreement lasts for five years, which is renewable subject to certain criteria being met by the franchisee and in agreement with the franchisor.
Of course, there are also a number of other costs to consider, such as leasing and outfitting your new coffee shop, business insurance, hiring and paying staff etc. We also recommend you have a certain amount of working capital available to support yourself and your team while your new business gets off the ground and reaches its full earning potential.
These costs can vary from location to location, but we have prepared a detailed breakdown based on our current outlets which we are happy to discuss further with you.
We are happy to share more detailed financial information with you on request.
Help raising funds.
While the 92 Degrees franchise does not provide financing directly, there are a number of attractive options to help you with your investment.
For example, it may be possible to obtain funding from most major high street banks for some of the amount. Franchising is one of the safest and most secure ways of starting your own business, so many lenders rightfully see it as a much lower risk than a completely new start-up, and may be much more inclined to lend you money against your investment..
There are also some government funded loans which could be available, and we would be happy to point you in the right direction for more information.