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Regarding Business Number: TA3044

King of Knives

Business Code: TA3044
King of Knives

Homeware Franchise
Price: $180,000

For more info or an interview contact:
Name: Tony Arena
Ph: 0411 888 148 or 61 2 9439 3399
Web: http://www.buyafranchise.com.au

Franchise at a Glance

Business Name: King of Knives

Key Features:

Royalties: Franchisees are charged an ongoing royalty fee of 6% of gross monthly sales and a marketing fee of 2% of gross monthly sales. The marketing fee is reinvested in national advertising and promotions campaigns to build the King of Knives business.

Details

Ideal Franchisee: Understanding your own strengths will be one of the keys to your success as a franchisee. Here are some of the attributes which we would recommend: Enjoy selling Enjoy working with people Service orientated An interest in the King of Knives products Willing to work retail hours Enjoy a challenge Flexible and adaptable Have some computer skills Like to work independently (and make decisions) Like to be part of a greater team (and the ability to follow a successful system) Strive for financial and personal success

Area: NSW

Notes on Cost: The typical cost of a King of franchise is between $180,000 and $320,000 (depending on store location, site size and whether it is a new or existing store).

Training and Support: You will be offered a 3 part training program to ensure you hit the ground running in your new King of Knives store a. Initially you will attend a 2 day induction course which will include an intensive review of the business operations, meeting with each of the head office department team including buying, marketing, finance and operations b. Prior to your store opening, you will then be given the opportunity to work in an existing store to better understand day to day operations and to be trained in customer support and product attributes c. On-site training – King of Knives will provide a support staff member to work with you for the first 2 – 3 weeks of your new store opening. This will give you added support in those crucial first few weeks of business. We will continue your product training during this time.

Access to Franchisees: King of Knives are happy to refer prospects to existing Franchisees for feedback

Business Established: King of Knives was established in 1986 and has been trading now for over 20 years. The first store carried every conceivable cutting and sharpening instrument for domestic, trade and professional market.

Company Outlets: King of Knives is a privately run Australian company with 50 stores throughout Australia and New Zealand.

Franchised Outlets: Today King of Knives has grown to over 60 stores and the product range has expanded to include a variety of quality kitchenware, trade uniforms, outdoor tools and gift lines.

Franchise Territory: King of Knives has a number of company owned stores which are listed below: Chatswood Westfield, Chjatswood Chase, Miranda Westfield, Penrith Plaza, Blacktown, Macarthur Square, Bondi Junction, Erina Fair, Kotara, Tuggerah, Maitland, Shellharbour, Charlestown, Supa Centa, Belconnen, Woden Plaza. You may also nominate a location for a new store and if suitable we will work with you to secure a site in your nominated area. Our management team is extremely experienced in negotiating favourable lease arrangements and the best site locations.

Bank Accreditation: Not available as yet, however discussions are currently underway.

____________________________________Disclaimer____________________________________

“The above information has been furnished to us by the Vendor. We have not verified whether or not the information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make their own inquiries in order to determine whether or not this information is in fact accurate.”

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