Oil & Vinegar Franchise

Support from Oil & Vinegar

As a franchisee a lot of things will come your way. In these situations it is pleasant to have people around you that you can rely on for good advise. From the first contact you will receive intensive guidance from our skilled employees, each with their own specialties and from different fields. For example, you will get support form one of our visual merchandisers when it comes to the decoration and furnishing of your new store. Prior to this, you will receive an intensive training linked to an internship period to make sure you will be well informed from the start. You will also be supported by our store coaches, which you can contact to find answers to all your questions.  

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Your opinion matters

Oil & Vinegar wants to continuously innovate as a retail formula. Therefore, we constantly innovate and improve. The practical experiences of our franchisees are indispensable for us. There are different committees where employees of our headquarters and franchisees come together.  In these committees, for example new ideas are talked through and tested.

For a financial reward, the franchisee uses the brand awareness of Oil & Vinegar. All shops will be furnished according our established corporate identity. You will also use the knowhow, technical knowledge and business methods of Oil & Vinegar.

 

For a financial reward, the franchisee uses the brand awareness of Oil & Vinegar. All shops will be furnished according our established corporate identity. You will also use the knowhow, technical knowledge and business methods of Oil & Vinegar. 

Cost indication 

The necessary equity capital of the franchisee needs to be at least 25 – 35 % of the total investment. And, this will on average be depreciated by the franchisee in 5 – 7 years. 

Average rent

:   € 400,- to € 600,- per m2

Surface

:   80 -120 m2

Location

:   A1 or A2

 

 

Total investment

:   € 150.000,- to € 170.000,-

(depending on the size and condition of the shop)

 

 

  

Some indicative highlights

  

Renovation and installations

:   € 25.000,- to € 75.000,-

Shop interior and -completion

:   € 60.000,- to 70.000,-

Trading stock

:   € 30.000,-

Entrance-fee franchise contract

:   € 15.000,-  

Location research

:   € 1000.-

 

 

Specification formula costs

 

Franchise-fee

:   5% of net sales

Contribution design and development promotion

:   2% of net sales

Contribution development automation

:   1% of net sales

Advertising materials / extra campaigns

:   set in annual consultation

 

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