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Franchise

Commitment to Our Franchises - Franchise Enquiry Form

  • Continue to maintain detailed market research for the opening of new stores and existing store locations.
  • Increase cash flow by achieving above average inventory turnovers through the offering of proven brand name products at competitive prices.
  • Enable franchisees to achieve significant equity growth in their business through brand name recognition and sustained profit performance.
  • Work to maintain lower than average individual franchise fees.

 What you can expect from us

We will provide an opportunity to maximize profitability through a disciplined market based philosophy that caters to the clientele that you serve. We will work with you so that all of your financial needs will be met. We will encourage your involvement through constructive feedback and regularly scheduled franchise meetings. Our suppliers will work with you to grow our business. Our suppliers will deliver all necessary products in a timely and professional manner. We will continue to provide a comprehensive training package for all prospective franchisees. We are committed to providing ongoing support to you so that we all can succeed together.

We will work together to reduce operational costs and maximize revenues for our members. Cost reductions are achieved through the use of a centrally controlled system of suppliers and contractors. The objective is to achieve the highest retail product quality for the lowest possible cost input. We continue to develop new locations and enhance existing locations through continued cost efficiency measures.

 Franchising information

Express News and Convenience's relationship with its franchisees is multifaceted. We are a financing source, record keeper and consultant to the franchisee. We take an active role in the franchisees business because our success is predicated on their success.

With a moderate investment you can have an opportunity to reap the benefits. The franchisees investment is organized into the following categories:

Franchise fee- The franchisee pays an initial franchising fee for the right to purchase the location.

Royalty fee- A monthly royalty fee is assessed to the franchisee. The fee is fixed for a specified period of time and subsequently renegotiated for a future term.

Franchise Down payment- The franchisee makes a one time cash payment in an amount equaling to the start-up costs of the store. The start up costs include the initial inventory, supplies, business licenses, permits, bonds and cash register fund. As with the Franchise Fee, the amount may vary depending on the store specifications and area.

"Goodwill" Sales- A prospective Franchisee may wish to purchase a current Franchisees interest in an existing location. The prospective franchisee must negotiate a price with the current Franchisee. This is called a "premium" or "goodwill" sale, although no trademark goodwill is included.

Additional Franchisee Advantages

There are many advantages to joining the Express News and Convenience Franchise system. Here are just a few:

Training- Prior to taking over the operation of the store, we provide comprehensive training to the Franchisee. We also provide ongoing training opportunities, including in-store computer-based training programs to help the Franchisee train their employees on virtually every aspect of the business.

Indemnification- We provide individual contractual indemnification to Franchisees to help protect them from many of the risks for which small business owners must be insured against.

All repay and/or rebate incentive programs from our suppliers are paid directly to the Franchisee and not to the Franchiser Express News and Convenience. This is an excellent additional revenue stream incentive for our members.

Our franchisees have an exclusive territory that consists of a minimum one kilometre radius from other Express News and Convenience locations.
For the first three months the royalty fee is waived.

Depending on the store's leasing arrangements the first month(s) lease may also be waived.

We do not charge a commission on sales.Our franchise system does not restrict the earning potential of the franchisee based on their sales. This is possibly the greatest advantage to joining our team!

Thank you for your interest in the Express News and Convenience franchise system.For more information please call 604-729-2921 or email at info@expressnewsandsmokes.com

 

 

 

 

 

 

 

 

 

 

 

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