How Much?
The Franchise Fee:
Listed below you will find a brief outline of what is provided to you as a franchisee. The current franchise fee is 25K with an royalty of 4% of gross sales. The chart below will give you an estimate of start up expenses and you will also find a comprehensive list of what the franchise fee and royalty fee cover.
Franchise Fee includes:
Design & Branding:
- Use of the name, trademark & logo
- Comprehensive branding manuals and resources for the Beehive Co-op identity, store design, fixtures,
and display products
Operation Methods:
- Policies, procedures, systems
- Comprehensive operation manual
POS System software and hardware:
- You are responsible for providing a computer and buying the software
Marketing & Promotions:
- A site specific website, we share in the cost of developing this
- Start-up advertising, marketing, and PR campaigns
Training for you and whomever else you choose
Start-up support:
- A dedicated contact person
- A step-by-step opening guide that will guide you through the process of opening a Co-op
- Assistance in hunting for the perfect location. Additionally, we will work with you to maximize
revenue streams within the capacity of your chosen square footage
Wholesale product consulting
- A preferred vendor list of national independent designers and artisans
Royalty fee includes:
- On-Going Research & Development for Systems improvement
- National PR and Advertising Campaigns
- Local Advertising Templates
- Local PR Consulting (hourly limit per month)
- Local Web Consulting (hourly limit per month)
- Local Merchandising Consulting (hourly limit per month)
- Local Promotions Consulting (hourly limit per month)
Chart of Estimated expenses for start-up:
(click here for the estimated expenses chart pdf)