NOW IS THE PERFECT TIME TO INVEST IN LJ’S FISH AND CHIPS!
Complete the form below if you think you have what it takes to become an LJ’s Franchisee!
3 REASONS WHY LJ’S IS A SMART INVESTMENT
1.
LOW START-UP COST
Costs can range depending on the type of store required for the given area and the expected store volume. The average store in New Zealand costs circa. $150,000 for a conversion to $300,000 for a brand new, large format store.
2.
TRACK RECORD OF SUCCESS
Not only do we have a proven formula and a load of experience at running a successful franchise system, we also have all the products that we know customers want. Coupled this with a strong team, we have the ability to support our Franchisees to be the BEST they can be. We also have a strong brand and purchasing power with suppliers that give our franchisees the best pricing.
3.
LJ’S READY FOR GROWTH!
While LJ’s is the largest fish and chip franchise in NZ, we still have a lot of room to grow. With two unique business models to choose from (a food court model and a standalone model), LJ’s is ready to rapidly expand into new markets. All we’re missing is you! If you think you have what it takes to make an awesome Franchisee, we would love you to get in touch!
HOW MUCH DOES IT COST TO OPEN?
$150,000 – $300,000 + GST
INITIAL INVESTMENT
To become a franchisee with LJ’s, you will need to have access to money for investing and/or asset equity availability to work with our accredited banking representatives.
WHO MAKES A GREAT FRANCHISEE?
An affinity with food
A customer service connection
Flair and character
A hardworking and dedicated attitude
Organisational and management skills
Basic accounting and financial knowledge
Financial security
NOW IS THE PERFECT TIME TO INVEST IN LJ’S FISH AND CHIPS!
FAQ’S ABOUT AN LJ’S FRANCHISE
Like our customers, the people who work for LJ’s have a singular aligning characteristic – they are Passionate about serving great food to our loyal customers, and they want only the best. Added to this are several other qualities that we look for in the people who want to work with us.
Why should I join a Franchise and not just do it myself?
Not only do we have a proven formula and a load of experience at running a successful franchise system, we also have all the recipes and products that we know customers want. We also have a brand that customers know and trust. We also have large buying agreements with key suppliers and partners that allows our Franchisees to the best pricing for the raw ingredients that go into our meals.
How much does it cost to build a LJ’s store?
Costs can change considerably depending on the type of store required for the given area and the expected store volume. The average store in New Zealand costs circa. $150,000 for a conversion to $300,000 for a brand new, large format store.
What is the cost of purchasing a LJ’s franchise area and training costs?
$30,000 franchise and territory fee + $6,000 training fee.
How much royalty do I expect to pay to the Franchisor?
6% of nett turnover calculated Monthly.
How much is the advertising contribution to build the sales of my store?
3% of nett turnover calculated monthly.
Can I invest in a LJ’s and run it under management?
Franchising is essentially an owner operator business format, however if an investor has a partner who is prepared to share some of the financial risk in setting up a LJ’s franchise we will consider this on a case by case basis.
What is the minimum cash unencumbered amount i must have to be considered for a franchise?
50% of the ingoing capital, however LJ’s believes finding the right person is more important than funding and will consider all applicants on a case by case basis.
How long is the training?
Minimum 4-6 weeks under the LJ’s training programme. Franchisees must be prepared to travel to Auckland for their training, if required.
What are the expected returns from owning a LJ’s franchise?
This area will be discussed through the selection process to the satisfaction of the applicant.
How long does the franchise agreement last?
We typically tie up the Franchise Agreement in to the terms of the lease with the Landlord.