Find the answers to the following questions below:
We want to make sure that you are a successful business partner from the start. This means helping you evaluate target markets, restaurant locations, and providing you with other information that will allow you to make smart business decisions.
During the C-Lovers application process, you will have the opportunity to contact our current franchise owners and discuss what it is like to own a C-Lovers Fish & Chips Franchise. One of our most recent Franchise Success Stories is our new location in South Surrey, BC. During the first quarter of operations, our franchisees couldn’t have asked for a better response for the community. Read their story here
Unfortunately, there is no straightforward answer. There are a lot of variables in operating a business. Competition, economy, labor market, traffic patterns and possibly the biggest influencing factor is the operator himself/herself.
Our C-Lovers Franchise Team can help you realize you dreams of being a small business owner if you are wiling to put in the hard work. We suggest you start the hard work before you open your business by doing your due diligence.
Look at all the expenses carefully and validate each one where possible. If you’re going to invest all of your time, energy and money, it’s important that the return provides you with sufficient income to support your family and current lifestyle.
We are confident in the success of our restaurants and we want you to feel great about your investment.
You should feel supported by the C-Lovers Franchise Team every step of the way. Let us break down the cost to acquire a C-Lovers Franchise below.
The initial investment to acquire a license to operate as a C-Lovers franchise is $40,000 and is intended to cover initial training, support, site selection, development and legal costs associated with the start-up of the restaurant. Buying a franchise in Canada will vary from location to location.
An estimated range is from $550,000 to $650,000 (with a minimum of $220,000 in unencumbered equity). The rest can typically be financed by the bank, provided you are qualified.
Your total investments vary dramatically depending on many factors including:
We can do an estimate based on your location and specific circumstances.
There is an ongoing royalty fee of 4% of gross sales. This is the licensing fee for the use of C-Lovers brand name, proven method of doing business and operating system.
There is a brand development fee of 1.5% of gross sales. This contribution goes towards development and implementation of advertising, promotions, and in-store point-of-sale materials used to promote and build brand recognition of C-Lovers Fish & Chips.
How much a franchisee makes will vary depending upon your skills and abilities, the competition, interest rates, the economy, inflation, labor and supply costs, lease terms and the marketplace. As we proceed, our franchisees can share their actual numbers with you and we can provide you a template to create your own cash flow projections that take into account the realities of your specific market.
Find out what kind of support C-Lovers provides and how we stand out from our competitors by signing up for our Intro to Owning a C-Lovers Franchise Guide
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