Summary of Operation:
Retail symbol group supplying convenience stores with a full range of groceries, beers, wines, spirits, cigarettes and tobacco at competitive prices
Ideal Franchise Owner:
1000 square feet to 1500 square feet store in a busy high street/small town or village environment.
Training Provided:
Induction training prior to joining Costcutterplus ongoing instore training.
Training Location:
Costcutter HO and instore with Sales/Dev Managers.
Support Services:
Store development and refits/merchandising andEPOS support.
Year Established: 1986
Year of First Franchise: 1986
Number of Company Outlets: 20
Number of Franchised Outlets: 1480
Franchises Planned:
Areas of Priority Development:
Overseas Opportunities Exist: South of Ireland/Poland
Overseas Opportunities Planned: N/A
Total Cost of Franchise: £70,000 to £200,000
Initial Investment: £70000
Management Service Fees Payable: £1,000 plus £880
Breakdown of Package: £1,000 Costcutter Fee plus £880 Nisa Todays Fee
Financial Assistance Available: N/A
BFA Member: No
IFA Member: No
| Projected Turnover | Projected Profit |
|
|---|---|---|
| Year 1 | £418m | £6m pre tax |
| Year 2 | £438m | £6.3m pre tax |
| Year 3 | £460m | £6.6m pre tax |
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