SafetyQuip celebrates 20 years in business protecting workers throughout Australia.
How Much Does It Cost?
The ultimate cost of setting up a SafetyQuip franchise depends on you and the skills you bring to the table. If you are confident that you score highly in the requisite skills, your business will become profitable earlier using less capital. The cost also depends on the ratio of borrowings needed to fund the business. The more you borrow the more profit you need to make to repay the loan.
A franchise fee of $39,850 gives you the right to use SafetyQuip's intellectual property, trademark, brand and business systems.
The franchise fee includes...
• Three weeks training for 2 people
• Three start-up visits by three senior franchisor personnel
• The first 100 SafetyQuip Product and Services catalogues
• A sizeable geographically-protected territory
Additional Working Capital Needed
The start-up costs of your business will depend on the start-up model you choose and the way in which you finance the business. In addition to the initial franchise fee of $39,850 the costs generally range between $58,000 and $250,000 which depends on your start up model. In addition we recommend approximately $100,000 in working capital.
The estimated costs will be determined more accurately during the production of your business plan.