Let’s break
it down
Provender has flexible entry options depending on your available time and capital. As a Franchise Owner you can opt in for a small, entry level package to work around your flexible occupation. Or, if you are looking to change your direction completely, come on-board in a full-time business with flexible hours so you can work around a young family. Whatever your flexibility and investment level, you will be supported in future expansion from our dedicated Franchise Management team.
Depending on the size of the Franchise the following fees you’d expect to pay. At entry you need to have $39,000 available as a minimum. We will potentially help fund your expansion as your business grows.
| START UP EXPENSES | AMOUNT RANGE |
|---|---|
| Initial franchise fee | $5,000 – $15,000 |
| Training fee | $3,000 – $8,000 |
| Equipment and other assets | $25,000 – $500,000 |
| Vehicle costs (including van wrapping) | $20,000 – $45,000 |
| Stock on hand to begin | $250 – $500 per vending machine |
| Insurance (public liability compulsory) | $1,000 – $3,000 per annum |
| Security deposits (business set up costs) | $550 – $3,300 |
| Working capital | $5,000 – $20,000 |
| Vehicle insurance | $800 – $1,500 per annum |
| ON-GOING EXPENSES | AMOUNT RANGE |
|---|---|
| Royalties | 10% |
| Marketing development fund | 1% |
| Software monitoring (vmp) | $3.50 p/w per unit |
| Payment monitoring (credit cards) | $4.20 p/w per unit |
Finance options
If you qualify for our Provender Franchise financial assistance, we’ll help you to grow your business after payment of an initial fee of $39,000. This fee covers the minimum costs to get you up and running. If you are interested in financing let us know and we will walk you through the options available.
