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Wallace store area is generally about 80-150 square meters, the total investment amount of the store is 300,000-500,000 yuan (kitchen equipment, tables and chairs facilities, store decoration, housing rent, raw materials, etc.), the staff according to the proportion of shareholding to invest in the corresponding funds.
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Wallace to join the headquarters of the entrepreneurial cooperation stores free of franchise fees, annual brand royalties of 10,000 yuan;
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If you want to invest more money, it is recommended to diversify the funds to invest in multiple stores to avoid investment risks, but also conducive to the management of a single store.
Franchise city level
First-tier city (Guangzhou)
Second-tier city (Wuhan)
Third-tier city (Chaozhou)
Franchise fee
$0
$0
0
$0
Brand license fee
$10,000
$10,000
100,000 yuan
80,000 yuan
60,000 yuan
Working capital
30,000 yuan
20,000 yuan
10,000 yuan
Personnel wages/year (5 people)
240,000 yuan (4,000 yuan/month/people)
180,000 yuan (3,000 yuan/month/people)
18,000 yuan (3,000 yuan/month/people) Yuan/month/person)
120,000 yuan (2,000 yuan/month/person)
Total investment (yearly)
650,000 yuan
474,000 yuan
340,000 yuan
What is the profit situation of the Wallace franchise?
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At present, Wallace brand has a solid market base in China, open Wallace franchise do not have to worry about the lack of objective business cold and other situations, according to the different stores in different cities with differences in population and consumption levels, the profit situation is also a certain difference, have seen the Wallace franchise fee table, the following we were through the investment of stores in three different cities to analyze the profit situation of Wallace franchises.
The situation is also somewhat different, having seen the Wallace franchise fee table, the following we were through three different cities to invest in stores to analyze the Wallace franchise profit situation.
Franchise city
First-tier cities (Guangzhou, for example)
Second-tier cities (Wuhan, for example)
Third-tier cities (Chaozhou, for example)
Area
100 square meters
100 square meters
100 square meters
Monthly turnover
250,000 yuan <
200,000 Yuan
150,000 Yuan
Gross Profit/Month (Gross Profit Margin)
162,500 Yuan (65%)
130,000 Yuan (65%)
97,500 Yuan (65%)
Rent Expense (Monthly)
10,000 Yuan
0.7 million Yuan
0.5 million yuan
Personnel salary (per month)
20,000 yuan
15,000 yuan
10,000 yuan
Utilities (per month)
5,000 yuan
4,000 yuan
3,000 yuan
Monthly Net Profit
127,500 yuan <
104,000 yuan
79,500 yuan
Annual net profit
1,530,000 yuan
1,248,000 yuan
954,000 yuan
The above analysis of profit is an estimation for reference only, and the actual profitability will vary according to the region, area, cost and so on.
The above is to analyze the Wallace franchise profit situation on behalf of the first, second and third tier cities, you can see that the Wallace franchise profit is very objective, entrepreneurship to open a Wallace franchise is a very good choice.
How much does it cost to join a Wallace store?
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When choosing to join the opening of a Wallace, investors can determine the size of the store based on their own economic strength. Generally speaking, if a novice entrepreneur or an investor who is not familiar with the restaurant industry in determining to join a Wallace fast food chain, you can first choose to join a small Wallace. This is a small start, save enough experience, work efficiently, it is easier to join the success of the business.
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Small Wallace chain store store area is about one hundred square meters or less, rent is estimated at 5000 yuan a month, decoration costs in 800 per square meter. Brand royalties are fixed, large and small chain stores are the same 10,000 yuan, equipment and material costs are about 60,000 yuan, plus 10,000 yuan of liquidity, as well as personnel wages, if you employ five people need to spend about 120,000 yuan a year. These funds total about 300,000 or so a year.
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Whether it is to open a small Wallace store or a large one, there is no franchise fee charged to the franchisee, this is because Wallace headquarters is very welcome to all entrepreneurs to join, so as to put forward and implement preferential policies. The profit of joining Wallace is also very considerable. According to the analysis of the annual Wallace's franchise profit estimates, the annual net profit of a small Wallace Western fast food chain is about 950,000 yuan, which means that the net profit of a month is between 70,000 and 80,000 yuan.
What are the requirements to join Wallace?
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1. Franchisees need to have a certain understanding of the Wallace brand, have sufficient financial preparation, and the funds are legally obtained.
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2. Franchisees need to be able to identify with the brand's business and development concepts, to be able to maintain the brand's image and reputation in the process of operation, do not do things that undermine the development of the brand.
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3. Franchisees need to Wallace brand as their own business to operate, can have the desire to succeed, no matter what difficulties encountered in the operation process, can be positive and optimistic mindset to face.
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4. Franchisees need to have a contractual spirit, and be able to obey the unified management and training of Wallace headquarters.
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5. Franchisees need to have a certain degree of market sensitivity, to be able to timely discover the needs of customers, to improve the store's shortcomings, so that the store can obtain a higher income.
Source: Wallace's official website