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Frequently Asked Questions

What is the establishment cost for a new franchise?

From $450, 000 + GST , and includes:

  • Complete fit-out
  • Initial franchise fee

What are the other setup costs?

  • Initial opening stock
  • All training
  • Bank guarantee facility [traditionally 3 months’ rent]
  • Legal costs
  • Own due-diligence costs
  • Business etablishment costs

What is the franchise agreement?

  • Initial term 5 years
  • 5 year renewals available there after

What are the lease terms?

  • NightOwl holds the Head Lease
  • NightOwl issues the Franchisee a Sub-Lease
  • Leases are typically negotiated for 5 + 5 + 5 terms

What are the ongoing commitments to the franchisor?

  • 3.5% Royalty on gross weekly sales
  • 1% Marketing on gross Weekly sales
  • 1% Development levy on gross Weekly sales
  • Weekly online training subscription fee
  • Weekly price file maintenance fee

How does stock ordering work?

  • NightOwl negotiates for all franchised stores at Franchise Support Office
  • These trading terms are passed down to each Franchisee in the form of off-invoice discounts and special promotions buy prices
  • NightOwl has preferred suppliers which Franchisees order form
  • NightOwl has direct suppliers and indirect suppliers
  • Franchisees are responsible for their own ordering. This can be done automatically as long as the Franchisee is diligent with the Perpetual Inventory Process with in their back office
  • Investment buying opportunities regularly available

Is there flexibility in becoming a NightOwl franchisee?

Absolutely Yes!

Whilst there are compliance consistency guidelines with becoming a NightOwl Convenience franchisee, we encourage innovation and entrepreneurship within each business.

Franchisees have the security of a Franchise system but also have the ability to target their local demographic needs.

Take your first step towards a great opportunity today!

If you think NightOwl may be the right fit for you or you want to know more contact the Franchise Recruitment Executive on 07 3088 1200 or get in touch below.

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