Financial Information
Sylvian Franchising Information & Advice
Your primary aim as a Sylvian Franchisee is to provide your clients with a first-class care package. As with any business, however, you need to make a profit, not only to survive but to also provide you with the lifestyle that you seek. So we understand that ‘the numbers’ will be an important factor in making your final decision, so here they are.
Sylvian Care Franchise Fee Structure
Investment
For an initial franchise fee of £27,000 + VAT, you will secure exclusive rights to operate within a territory with a population of approximately 25,000 individuals aged 65 and above. This exclusive territory provides a strong foundation for establishing a viable and profitable business. In addition to the franchise fee, a 5% ongoing royalty fee will be applicable on your gross revenue. To ensure smooth operations, we advise having a minimum of £93,600 as working capital. Therefore, the total investment required, including the franchise fee and working capital, would amount to approximately £126,000
Estimated Initial Costs
Office Furnishings (if required) – £500
Telecoms and Systems – £1,000
Legal & Accountancy – £1,000
Miscellaneous Items – £2,000
Suggested Working Capital £93,600
Actual costs may vary depending on the circumstances of each individual franchisee
This investment will require a portion to be contributed by yourself, while the possibility of obtaining 70% of the funding through third-party sources (subject to status) could be available.
Estimated Figures
Revenue, Gross Profit & Net Profit
Whilst the above figures have been calculated based on the achievements of the core business, they are projections only and not guarantees, nor should they be taken as guarantees, of future earnings or profits, both of which will be dependent on the individual efforts of franchisees.