Franchise

Yes, the application deposit is fully refundable at any stage in your recruitment process. Once approved as a Greenhouse franchise partner, your deposit will cover the legal costs incurred with the creation of your franchise documentation. Please note that the $5,000 application deposit is not included in the purchase price of your store.

The cost for setting up a Greenhouse Asian Salads franchise ranges between $200,000 and $250,000. This covers the franchise fee, fit out and design of the store, all of the plant and equipment in the store and your training. In addition to this, you will need to budget for working capital, start-up stock and local area marketing.

If you are interested in buying an existing Greenhouse business, you will negotiate the sale price directly with the existing owner of the store or their nominated business broker. You will need to pay the $5,000 application deposit plus the training fee ($14,000 + GST) to Greenhouse, on top of the price you negotiate with the store owner.

Please note that you will also need to supply a bank guarantee to the landlord (similar to a ‘rental bond’ paid to the landlord at the beginning of a lease term).

We recommend you seek external financial advice on this figure, however as a rough number to work with is 10% of the purchase price.

Yes, you will need to have 100% of the purchase price of the business. You may have this in actual cash, funding from family and friends, equity in your home/ investment properties or a combination of all of these. Please be aware that we will request proof that you have access to these funds throughout the franchise recruitment process.

Due to a significant number of variables when operating a franchise, we can’t provide you with concise figures before you start. Once we receive your application form and your initial telephone interview is complete, you will receive a Confidentiality Agreement. Following the execution of this agreement, we will provide you with the historical sales figures from the Greenhouse network and a financial model to assist with your preparation of a business plan. It’s imperative that you seek independent financial advice as a part of your due diligence and that you create your own forecasting and business planning documentation.

Yes, but you also can use our own greenhouse retail leasing experts that assist in securing new sites, and negotiating lease renewals in consultation with the store owner.

The final decision sits with our Franchising team to put forward the very best site for each franchise partner.

We have a comprehensive training program in place for all new partners entering our network. The training programme is two weeks long and takes place in Sydney. Our comprehensive training is inclusive of front and back of house operations. You will also be provided with support in your new store by our team in your first 2 weeks of operation. You will feel confident to step into your new store understanding all facets of running that business after working closely with our dedicated team!

Every franchise candidate’s journey through the application process is different as there are always many variables at play. Typically our candidates reach the final assessment stages of our application within 10-15 weeks of applying. We will work with you at a pace that you are comfortable with however, please be mindful that timeframes may vary depend on a number of factors. We always endeavour to operate transparently so that you understand where your application stands at all times.

No you don’t. But you must have a hunger for success, love the Greenhouse philosophy and have an unmatched enthusiasm for your business. This is all achievable without prior food or business ownership experience! A genuine appreciation for great customer service is also integral to growing as a successful franchise partner. We will supply you with all of the tools, systems and process to assist you in reaching your business aspirations.

Once you submit an enquiry keep your eye on the email address you supplied! You will receive an instant bounce back email with a link to the information pack. As the email sent to you is automatically generated from our system, sometimes the response can end up in your junk mail account, so please be sure to keep an eye out for it!

The sale price of the business is set at the discretion of the existing franchise partner based on a number of factors such as the financial performance of the store, goodwill, refurbishments and the length of time left on the lease. You will need to negotiate directly with the franchise partner on the price of the store only after you have successfully completed the telephone interview and signed the confidentiality agreement. In the case of company stores for sale, the sale price is set by the Franchisor. New site opportunities have many variables affecting the Fixed Price Contract, and therefore we offer a range initially, until we can provide you with a final number for the fixed price contract. This range covers the full build, plant and equipment, franchise fee and training.

Royalty – 5% of sales
Marketing – 2% of sales
Both of the above payments are made monthly
There will be other costs that you will incur as a business owner. We will inform you of these as you work through the application process.

There will be fresh elements of the supply chain that you can seek permission to source locally. Your Franchise Business Consultant will offer you advice about this before you begin trading as a franchise partner.

If you are purchasing a new store, the term of the Franchise Agreement will be 5 years. If you are buying an existing Greenhouse store, you will be offered the remaining term left on the existing agreement for that store.

Lease terms vary from store to store. Typically, a retail lease term is around 4 – 6 years in duration. The term of the lease is set by the landlord and while we will always look to secure the longest possible lease, it is unlikely that your franchise agreement term and the term of your lease will be congruent. This is not a problem. As a franchise partner, you are able to sell your asset (your franchise) at any time throughout the franchise agreement term or the lease term. It is important to note that your business will always be worth the most at the beginning of a new lease & franchise agreement term.

At Greenhouse we have a policy that all new franchise Partners must own and operate their first business for a minimum of 12 months before being considered for additional stores. As long as you have proven yourself as a strong operator, you have the financial ability to acquire additional businesses and you have a plan as to how you wish to operate multiple businesses, we will happily discuss multi-siting opportunities with you.

At Greenhouse, our experience is that the most profitable business are owner-operated. For that reason, we have an expectation that our franchise partners are working in their businesses. The Franchise Agreement stipulates that you must commit yourself to the business on a full-time basis for the first 6 months and for at least 20 hours per week thereafter. Ideally, we are looking for full-time owner-operators.

Yes, you will need to hold either Permanent Australian Residency or be an Australian Citizen to purchase a Greenhouse business.