What are the benefits of owning a franchise?
Owning a franchise means a larger organisation with an established and proven system is there to support you. You have the flexibility of owning and operating your own store, but you can lean on a larger network for support.
Do I need business experience?
Previous business experience isn't essential but it will most certainly provide you with an advantage with running your own Bakehouse. The most important thing is that you love baking people happy!
Do I need hospitality experience?
Franchisees are not required to have hospitality experience.
Do I need baking experience?
Franchisees do not require baking experience as there is no baking involved. Our expert team in the bakehouse do all the baking for you!
What locations are available?
Is the location I am interested in an existing or new Bakehouse?
Refer to the Current Opportunities page on our website.
Do I have to work in my Bakehouse?
We require that you work in your Bakehouse full-time. In the future, if you qualify to open multiple stores, we require you to have a store manager at one of your Bakehouses.
How much working capital will I need?
Ferguson Plarre recommends that you have at least $30,000 in working capital.
What are the franchisor fees?
The initial franchise fee is $35,000 + GST and a security deposit of $20,000. Our franchising system doesn't charge an ongoing franchising fee.
What does the franchising fee include?
The initial franchising fee includes your franchising documentation, cost of processing your application, store opening promotions and the use of our intellectual property (brands and systems) for the term of the agreement.
Is marketing included or extra?
Ferguson Plarre does not charge a marketing fee.
What help do I receive when I open the store?
The Training Team and your Business Support Manager will be onsite with you for the first week. They will teach you everything you need to know about running the store. You will also have weekly catchups for the first 6 months.
What does the training include and how long does it take to complete?
Franchisee training includes 4 weeks of full-time training with online, head office and in-store components. You will also receive training support in the first week of operating your new store.
How are the existing sale prices of a Ferguson Plarre's Bakehouse determined?
The sales price of a Ferguson Plarre's Bakehouse is set by the selling franchisee and there are several factors that determine this price. Here are some of the factors that need to be considered, however it is always recommended that you seek professional and independent advice when investigating any business:
- The term of the lease
- The profit and sales performance of the business
- If the store has been recently refurbished or requires refurbishment
- State and repair of the equipment
What qualities and attributes do you require to be a Ferguson Plarre Franchisee
At Ferguson Plarre we are looking for people that have the bake it happen attitude, a desire to succeed and to build a successful team of people around you. We are looking for Franchisees that are self-starters, customer obsessed, believe in the Ferguson Plarre brand and have a willingness get involved in the local community while striving for a work life balance.
What does Ferguson Plarre expect from their Franchise?
The expectations are simple, follow the business model, uphold our brand and company values and deliver outstanding customers service day in day out.
How do I go about seeking finance for a Ferguson Plarre?
Ferguson Plarre have relationships and accreditations with banks and mortgage brokers. Currently, as a guide most banks are lending on average up to 50% -60% on the value of the purchase price. The purchaser will need to fund the balance of the purchase via cash or equity in assets. However, it is recommended that you seek professional advice from a financial advisor or accountant.