Is the application deposit refundable?
Yes, the application deposit is fully refundable at any stage throughout your recruitment process. Once you are approved as a Chatime Business Partner, that deposit with your consent is offset to solicitors in creation of your franchise documentation.
How much does your franchise opportunity cost, what does this price include and what other costs will be incurred in addition to this price?
A new Chatime t-brewery costs on average between $300,000 – $350,000 + GST. This includes the franchise fee, design and fit out, equipment, signage, starting inventory, training.
If you are interested in buying an existing Chatime t-brewery, you will negotiate the sale price directly with the existing Chatime Business Partner or their nominated Business Broker. You will need to pay the fully refundable application deposit and training fee to Chatime Central Support on top of the negotiated price.
How much working capital do I need?
We recommend that you seek professional financial advice regarding the amount required, this is approximately 10% of the total investment cost.
Do I need cash or equity towards the purchase of a franchise?
Yes, you will need to have access to at least 50% of the total investment cost. Seeking professional advice, you may have this in actual cash, funding from family and friends, equity in your home/investment properties or a combination of all.
We will require proof of funding levels within the recruitment process.
Are there any finance options with the bank?
Chatime holds accreditation and works closely with ANZ Bank. This means that they are familiar with our franchise model and processes, therefore the lending process is usually less strenuous than if you were to start your own business.
What kind of returns can I expect as a Chatime Business Partner?
There are a significant number of variables to consider when owning and operating a franchise and therefore we cannot determine your success. Once an application form is submitted and after an initial face to face meeting we will provide you with Chatime’s historical network sales reports, Financial & Business Planning Guides to assist you in preparation.
It is essential that you consult your financial advisor as a part of your own due diligence and create your own forecasting model and plans.
Do I need to find a location for the T-brewery?
No, Chatime’s highly experienced Leasing Executives will source and negotiate new sites with landlords and store owners.
What training can I expect to receive?
We provide a comprehensive 3-week training program for all new Business Partners that includes at least one week in Sydney. The in-depth training programme includes front to back operations support provided by our People & Culture team. The team will work closely with you and build your confidence as a business owner to confidently walk into and control your t-brewery.
How long is the application process?
Chatime application process typically takes 6-8 weeks however this is highly dependable on you as the potential business partner. We will work with you at a comfortable pace however please be mindful that there are other applicants interested and undertaking the same process.
Do I need previous business or food industry experience to become a franchise partner?
No, you do not. To become a Chatime Business Partner you must love the brand, live our values and have the hunger to succeed!
What ongoing support will I get from Chatime?
When you open your very own Chatime t-brewery you are allocated a highly experienced Business Development Manager who will support you directly for the life of your franchise. Other support teams include Marketing, IT, Finance, Leasing, Supply Chain and Project Management.
We will all know you personally and watch both you and your business grow!
How long is a Chatime Franchise Agreement?
The Chatime Franchise Agreement is typically a 5 year agreement with a further 5 year option.
What if I want to own more than one brewery?
Great! but let’s start you with one 🙂
In order to acquire additional sites, Chatime’s policy is that all new Business Partners are required to own and operate the first brewery for at least 12 months.
Do I need to work in the business full-time?
Experience has proven that the most profitable businesses are owner-operated. Chatime expects as a new Business Partner that you will be hands on in your brewery on a full-time basis for at least the first 6 months.
After that time, you will continue to work on your business and spend at least 20 hours a week in your brewery.
Do I have to be an Australian Citizen or Permanent Resident of Australia to franchise with Chatime?
Yes, you or at least one member of the business partnership will need to hold either Permanent Australian Residency or be an Australian Citizen to franchise with Chatime.