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Frequently Asked Questions
The following questions and answers address
common concerns of potential franchisees.
1.
Do you need to have worked in retail to
own a Darriwill Farm Franchise?
2.
How much does it cost to become a Darriwill
Farm franchisee?
3.
What Systems to Darriwill Farm provide to
their franchisee?
4.
What fees are payable to Darriwill Farm?
5.
Does the franchisee have a say in what stock
they sell?
6.
What do I get in return for your investment?
7.
How much money can I make as a Darriwill
Farm franchisee?
8.
How are the franchisees selected?
9.
What training will I receive?
10.
Can I own more than one Darriwill Farm Store?
11.
Does Darriwill Farm provide financing to
franchisees?
12.
Will I be guaranteed a franchise in the
market of my choice?
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1. Do you need to have worked
in retail to own a Darriwill Farm Franchise?
Darriwill Farm seeks businesses or individuals
who have a strong passion for Gourmet
Food and Wine combined with an entrepreneurial
spirit, willingness to learn, a high
level of commitment to customer service
and the highest possible commitment
to being involved in the business and
to follow the systems provided by Darriwill
Farm Franchising. Although retail experience
is desirable it is not necessary. |
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2. How much does it cost
to become a Darriwill Farm franchisee?
The investment required to open a
Darriwill Farm Store varies, depending
on the cost of acquiring the site,
the condition of the site to be fitted
out, the size of the proposed site
and the extent of any landlord contributions
that may be obtained.
A total cost of getting a Darriwill
Farm Store fully operational including
equipment, fixtures and fittings,
stock, franchise fees, accounting
and legal fees, and a suitable amount
of working capital will range from
$215,000 up to $320,000 if a site
location has to be acquired. |
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3. What Systems does Darriwill
Farm provide to their franchisee?
Over the past 10 years Darriwill Farm
Franchising has developed a first
class total retail central management
system taking care of stock purchasing,
invoicing, management, merchandising,
marketing and logistics allowing our
franchisees the ability to focus on
the most important person in any business
the customer.
Backed up with systems in the areas
of staff recruitment, store experience
and a financial performance management
system second to none has been the
reason for Darriwill Farms exceptional
growth. |
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4. What fees are payable
to Darriwill Farm?
An initial franchise fee of $60,000
and a project management fee of $10,000
is payable on every new Darriwill
Farm store opened. Both the initial
franchise fee and project management
fee have been included in the total
amount required to become a Darriwill
Farm franchisee.
The franchisee also pays a weekly
royalty fee of 6% of total sales and
a weekly marketing levy of 1% of total
sales. Additional fees are required
in the event of renewal or an approved
transfer of the franchise to another
franchisee. |
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5. Does the franchisee
have a say in what stock they sell?
All Darriwill Farm products are selected
by the Darriwill Farm Product Selection
Team. Each product must meet strict
criteria in relation to uniqueness
and quality to be considered suitable
for addition in our product range.
The Darriwill Farm Franchisee Stock
Management System currently allows
franchisees the ability to localise
store specific stock holdings and
ordering, by using the latest store
trends, along with their knowledge
on the local store market and in store
merchandising. This ensures that each
stores stock holding is customised
to meet the demographics and buying
patterns of each stores particular
local market. |
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6. What do I get in return
for your investment?
As a Darriwill Farm franchisee, you
will enjoy the satisfaction and rewards
of owning your own business. But you’ll
also enjoy the ongoing benefits of
working in partner with us to establish
world class retail operation.
The systems that Darriwill Farm Franchising
provides and our experienced team
of specialised people will support
your efforts to grow your business
and achieve your goals for profitability
along with a balanced lifestyle. |
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7. How much money can I
make as a Darriwill Farm franchisee?
The profitability of an outlet is
dependant on many factors, including
the quality of the location, competition,
sales volume, rent, staffing and management,
the amount of local store marketing
conducted, the franchisees ability
to network with the local community
and the type and amount of financing.
Profitability is ultimately a matter
within the control of each franchisee.
Darriwill Farm will provide you with
a great vehicle and tools but ultimately
it is up to each franchisee to drive
it! |
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8. How are the franchisees
selected?
The goal of the franchisee selection
process is to create long-term franchise
relationships that will benefit both
the franchisee and Darriwill Farm
through the sharing of knowledge and
resources. The selection process begins
with the sharing of information via
telephone contact.
An application Kit will then be emailed
out and the applicant completes a
detailed application form. A first
interview will then be held to discuss
your initial suitability and answer
further questions that you may have
about Darriwill Farm. Pending your
suitability for a Darriwill Farm Franchise
you will then be presented with our
franchise documentation. This is followed
by a second interview to answer any
questions you may have in relation
to the documentation. An in-store
on the job experience gives the applicant
a chance to evaluate our operational
systems and give Darriwill Farm a
chance to evaluate the applicant’s
aptitude for retail and ability to
service the customer and great a memorable
in store experience for the customer.
The applicant will then have a final
interview with the Directors of Darriwill
Farm to determine final approval for
the applicant. Final stages of the
selection process include training
for either the applicant and/or the
applicant’s key operations manager.
At any point during the selection
process, either party may decide that
the process should not continue. |
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9. What training will I
receive?
Training takes six to eight weeks
and covers every aspect the business
including product knowledge and meeting
the producers, merchandising, customer
service, store management, store operations,
stock management, IT, marketing, human
resources and the financial management
of your business.
You training will also involve the
franchisee developing a full business
plan including their future visions,
ambitions and expectations for their
business. You will also develop a
12 month Local Store Marketing Plan.
The training is broken down into classroom
training and in store training. |
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10. Can I own more than one
Darriwill Farm Store?
We encourage our franchisees to become
multi-store owners and we currently
have franchisees which own multi stores.
A franchisee is required to meet certain
Darriwill Farm criteria on the management
and operational areas of their currant
store before multi store ownership would
be recommended and considered. |
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11. Does Darriwill Farm provide
financing to franchisees?
Darriwill Farm does not provide financing.
Darriwill Farm can provide contact details
of institutions that do provide finance
for franchising. Darriwill Farm does
not endorse or promote any of the listed
institutions. |
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12. Will I be guaranteed a
franchise in the market of my choice?
It can take between 4 and 7 months from
the beginning of the selection process
until a new franchisee is ready to acquire
his or her store. Darriwill Farm cannot
guarantee which store locations will
be available. Priority is given to franchisees
that have successfully completed all
training and all other approval requirements. |
Franchise Opportunities, page 8 of 9
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