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EasyLife Kitchens

PROFILE    
Descr:    Easylife Kitchens' core client is the design, quality and price conscious homeowner who builds a new home or remodels an existing one. Small and medium scale town-house developments are also undertaken.

From the moment a client first steps into our spacious, well-designed and inviting showrooms until they give the final approval of their new dream kitchen, we aim to ensure that their experience is a pleasant and efficient one. Combined with our total project management capabilities, quality products and top-of-the-range accessories the client is reassured that there is no better option than to entrust the most important room in their home to us.
 

Category:    Retail, Wholesale and Distribution
AVAILABLE LOCATIONS    
General:    We are specifically looking for these locations:
Worcester - Uitenhage - Jefferys Bay - Upington - King Williams Town - Simons Town

Other opportunities are available nationally. Please contact us to discuss.

FINANCIAL    
Upfront Capital:    R750 000
General:    Joining Fee   -   R120 000 (excluding vat)

The company recommends that the Franchisee:

  1. Introduce R750 000 cash in the month prior to commencing trading
  2. Raise an overdraft for R150 000 - this will cover the initial shortfall, allow the financing of VAT until the initial VAT refund is received and give some leeway if sales penetration is slower than expected
  3. Enter a lease agreement for a 1-ton bakkie (R150 000 less 10% deposit = R135 000)
  4. Franchisees may also have access to supplier credit facilities regarding the purchasing of the stock requirements for the initial orders. This usually amounts to approximately R95 000 but the franchisee is required to complete the supplier’s credit application process and be approved by the relevant supplier.
MANAGEMENT FEE
The management services fee (MSF) is calculated on a sliding scale on the net value of purchases made from either Easylife Kitchens Manufacturing (Pty) Ltd or Easylife Kitchens Manufacturing Cape (Pty) Ltd as follows:
  • Net value of purchases up to R107 000 per month – 5%
  • Net value of purchases between R107 001 and R321 000 per month – 2%
  • Net value of purchases in excess of R321 001 per month – 1%
MARKETING
All ELK franchisees are obliged (as per the franchise arrangement) to pay a Special Projects Levy. The amount of the levy shall be determined by a majority vote of the franchisees present in person or by proxy at the Annual Strategic Planning Think Tank, or any other franchisees meeting arranged by the Franchisor. Once the amount of the levy has been determined, the Franchisee undertakes to pay the levy as and when required. The levy shall be paid directly to the Franchisor and shall be allocated to a National Marketing Fund.
OTHER INFORMATION    
Internet Website:   
Other Information:    The business idea took root when Allen Lombard the founder turned his love and enjoyment for all things ''D.I.Y'' into a business and along with partner and friend Richard Baker commenced production in May of 1992 in a small factory in Fontainebleau.

Today we have 26 outlets nationally and two factories supporting these outlets with major investments in equipment to ensure efficient and quality supply to our franchise outlets.

Buying a franchise is serious business, as you will know, and the management of Easylife Kitchens would like to thank you for your honesty, your time and your interest in our brand. We would like you to know that we value your discussion with us and look forward to receiving your completed franchise application document and meeting with you in the near future for more in depth discussions and disclosure of more financial information.

Easylife Kitchens is a member in good standing of the Franchise Association of Southern Africa (FASA).

CONTACT DETAILS    
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Record ID: 996
This franchisor is not a member of Franchise Opportunities S.A.
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