Dear Potential Red Oak Franchisee,
Thank you for your interest in joining the Red Oak franchise. Below, you will find some essential information regarding our franchise opportunities.
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Thank you for your interest in joining the Red Oak franchise. Below, you will find some essential information regarding our franchise opportunities.
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The cost of opening a Red Oak franchise varies based on the size of the premises and the extent of necessary renovations.
- Capital Required: R5.5 - R8 million (Includes stock)
- Initial Franchise Fee: R250,000
- Approximate Set-Up Costs: R13,000 per sqm
- Achievable Return: 18% - 30%
- Estimated Turnover: R1.5 million - R2.5 million p/m
- Royalty Fee: 5% of turnover
- Marketing Fee: 1% of turnover
Our hands-on operations team will support you from the very first step of your journey to opening a Red Oak franchise. We will guide you through site renovations with preferred suppliers, interviewing and training of front-of-house and back-of-house staff, operating the point of sale, stock control and much more. Our operations team also conducts regular site visits and provides remote support as needed.
Our in-house marketing department will handle your advertising needs, both as part of the Red Oak brand and for franchise-specific special events or menu specials. Our team will handle all promotional activities to ensure your franchise's success, including general brand advertising and specific promotions for your location.
We will negotiate with preferred suppliers to secure the best possible prices for you, ensuring you have access to quality products at competitive rates.
The term of the franchise agreement is 5 years . This will run concurrently with your lease agreement.
*Please note that this information serves as a guideline. Final terms will be detailed in the formal franchise agreement.
We look forward to the possibility of partnering with you to bring the exceptional Red Oak experience to new locations.
Sincerely,
The Red Oak Team