Foodco franchisees get $30,000 worth of incentives to launch new cafés
They may choose between Foodco's cafés brands Jamaica Blue and Muffin Break.
Foodco, the parent company of Australian café brands Jamaica Blue and Muffin Break, announced a limited-time offer to prospective franchisees.
Starting 1 December 2024, those who successfully sign on to purchase a new franchise in Australia before 31 March 2025 will receive $30,000 excluding GST credit to help kick-start their business.
This will be applied by way of royalty fee credit, which reduces royalty payments equivalent to $30,000.
Moreover, the offer is available to new franchisees who sign a franchise offer and pay a deposit of $1,000 for a new location before 30 June 2025.
However, the full store development investment must be covered by new franchisee prospects.
Terms and conditions apply, including but not limited to the requirement that franchisees cover the full estimated store development investment.
The credit will be applied to the franchisee's account and will reduce their royalty payments until exhausted.
Once the credit is used, regular royalty payments will resume. The credit is non-transferable, non-redeemable for cash, and subject to the franchisee’s continued compliance with their franchise obligations.
