Simplicity is at the forefront of everything we do. We want our franchise owners to be crystal clear on exactly what they can expect from us, and what we expect from them – so we’ve worked hard to develop a model that is straightforward and easy to understand. The franchise fee for a Busylizzy® Family Club is £18,500 plus VAT which includes everything you need to set up your business.
Our fee structure is designed to be fair and ethical. We simply charge you 9.5% of your monthly sales turnover (+ VAT). The more successful you are, the more successful we all are.
Each month you will contribute 2.5% turnover to the National Advertising fund. Your contribution, along with the rest of the network’s, is spent on advertising activity typically beyond the reach of an independent business. This has included attendance at national events like The London Baby Show, national online directories and magazine advertising.
Our online class platform Busylizzy LIVE! is managed centrally for you and gives you an immediate platform to start trading in the virtual arena. Club owners make a small contribution to this service.
We would recommend working capital in the region of £5,000 to pay for your venues & instructors whilst your membership model grows. You will be required to carry out a detailed business planning process which includes a cash-flow forecast and all related expenses (templates provided) to help you accurately assess the working capital required in your business to meet your targets.
We have excellent relationships with the main high street banks and we can help you raise up to 70% of the required funding based upon our established, successful and replicable business model (Franchise Fee + Working Capital). You will need to have an excellent credit rating as our financial systems are robust and PCi compliant and do not withstand CCJ’s, Individual Voluntary Arrangements to manage personal debt or previous business liquidation.