| Cardies
is proud to have become an iconic South African brand. We opened our
first store over 28 years ago, and now have over 90 in Southern Africa.
But reaching a milestone doesn't mean resting on our laurels, so we
are just as busy as ever creating exciting new greetings and sourcing
products from all over the world to help you say it best!
We are affiliates of the international greeting
giant, American Greetings who have also been around awhile - since
1906. They are the world's largest publicly owned manufacturer and
distributor of greeting or 'social expression' products. American
Greetings also has wholly-owned subsidiaries in the UK, Canada,
Australia, New Zealand, France and Mexico. In South Africa, we are
part of SA Greetings, and similar licensees exist in about 70 other
countries.
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1.)
Purchasing an existing Cardies. The store cost will vary and will
depend on the success of the outlet. We calculate a recommended
purchase price on a 30% Return on Investment, and can range from
R50,000 to well over a Million Rand.
2.) Purchasing a New Cardies. We conduct a turnkey operation, meaning
we will secure a suitable site, and shopfit and merchandise the
store, in order for you to open the doors and begin trading. The
set up cost for this option ranges between R280,000 and R350,000.
The next cost factor is the stock. The stockholding of the store
will vary depending on the size of the store, as well as if the
store opens/or is taken over before a high seasonal period like
Christmas, Valentines or Mother's Day. In addition to the above
costs, you are looking at a stock investment ranging from R250,000
to R350,000.
A t least one third of the total purchase price must be unencumbered
cash. Meaning that you would need at least one third of the purchase
price + stock price in cash.
There are no up-front franchise costs, however a franchise consideration
is payable, which is broken into 5% Royalty and 2% for national
Cardies Brand Advertising. These percentages are based on the monthly
nett turnover, excluding VAT. |
