Rings By Design Franchising Ltd

Summary of Operation:
Manufacture and retail of top quality bespoke jewellery such as engagement, wedding and eternity rings as well as pendants, earrings etc.

Ideal Franchise Owner:
Honest, trustworthy, full driving licence, own car and telephone. Physically fit, literate and numerate, good communicator, flexible approach and a ’can do’ attitude

Training Provided:
1 week residential plus field support

Training Location:
Houghton Le Spring

Support Services:
Free phone telephone answering and diary management plus secretarial support

Year Established: 2001
Year of First Franchise:
Number of Company Outlets: 0
Number of Franchised Outlets: 1
Franchises Planned: 25
Areas of Priority Development:

Total Cost of Franchise: £15,000
Initial Investment: £15000
Management Service Fees Payable: 10 per cent net revenue plus £100 per month admin fee.
Breakdown of Package: Display equipment, stock, computer, case, gauges, loupe, Support: training plus field, HO answering service plus admin.
Financial Assistance Available: Barclays

BFA Member: No
IFA Member: No

Year 1£109k£17k
Year 3£192k+£32k+