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How much does it cost? |
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Set-up Costs Typically the set up costs of a Funky Monkeys franchise can cost in the region of £235,000. The total initial investment will depend on many factors such as location and size. You will need to provide between 30-50% of this as unemcoumbered funds, the remaining amount can be funded through a bank loan subject to status. The Franchise agreement is for a period of 10 years (subject to terms and conditions). There is a one-off franchise licence fee of £20,000 - this includes comprehensive initial and on-going training (included in the initial set up costs).
There are also ongoing monthly fees based on net sales: - 7% Management Service Fee for continuing support services - 3% Contribution to the National Marketing Levy (All costs are plus VAT at the standard rate)
Return on Investment A Funky Monkeys franchise with the right people and the right attitude can see their investment paid back in 2-3 years. This is not guaranteed it could be more, it could be less. |
