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franchise set up ( spar/centra etc)

  • 28-07-2010 5:41am
    #1
    Registered Users, Registered Users 2 Posts: 2,549 ✭✭✭


    hi all,

    I`m interested in looking at getting involved with one of the retail franchises,
    preferably a centra or spar. I know that bwg/ newhill can rent/lease stores for a % of turnover , not sure about musgraves.
    I am currently working in tesco i`m a line manager there 3 years so know the basics fine (margins, rotation, waste budgets, wages, shrink, etc etc,), I also understand the costs involved such as esb, insurance and so on. I would be doing this with a partner who also works in retail, he has been a store manager in tesco , supervalue+centra,

    Now where i need advice/tips is in specifics, how much would you need to have to approach them, would you need a site , i would like to know as much as i can before approaching anybody, if any one on here has done this any tips would be appreciated.

    ( P.S. I know there is a high failure rate in this but with our experience and work ethic i think we can make a good go of it, i routinely put in 60+ hours a week, most of it for free i what to put that kind of time and effort into my own buisness)


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