Qualification

We are actively looking for entrepreneurs to join us in our journey and to share with us the destined success, these entrepreneurs must possess the following characteristics:

Personal

Are honest
Are willing to be hands on operating the day-to day business
Have restaurant management experience
Are business builders
Are customer service oriented
Have clean criminal record
Brand ambassadors

Financial

$120,000 to $200,000 in liquid capital for Single Unit Franchise

Minimum of $600,000 in liquid capital for Area Development Franchise

Minimum of $1,000,000 in liquid capital for Master Franchise

Good credit standing

Estimated Initial Investment

Mall Type Location 500 to 700 SF

Piri Piri Rôtisserie Establishment Cost Estimated low range Estimated high range Payable to

Franchise Cost

Initial Franchise Fee $25,000 $25,000 Les Rôtisseries PIRI PIRI Franchise
Training Expenses (Franchisee + 1 Key Staff) Incl. except for personal cost Incl. except for personal cost
Subtotal $25,000 $25,000

Leasehold Improvement & Equipment Costs

Premises rent Varies Varies Landlord
Architectural services $10,000 $10,000 Architect
Construction work $130,000 $147,000 Contractor
Store fit-out (décor) $0 $0 Suppliers
Equipment $87,000 $87,000 Suppliers
Initial stock $6,000 $6,000 Suppliers
POS equipment $4,500 $4,500 Suppliers
Other $2,000 $2,000 Suppliers
Subtotal $239,500 $256,500

Other Initial Costs

Legal & accounting fees $4,000 $4,000 Lawyer / Accountant
Staff recruitment & training $4,000 $4,000 Employees
Launch promotion $6,000 $6,000 Adv. Company
Permits $2,250 $2,250 Government
Working capital provision $25,000 $25,000 Cash in Bank
Subtotal $41,250 $41,250
Total Investment $305,750 $322,750

Street/Plaza Type Location 1600 to 2000 SF

Piri Piri Rôtisserie Establishment Cost Estimated low range Estimated high range Payable to

Franchise Cost

Initial Franchise Fee $25,000 $25,000
Training Expenses (Franchisee + 1 Key Staff) Incl. except for personal cost Incl. except for personal cost
Subtotal $25,000 $25,000 Les Rôtisseries PIRI PIRI Franchise

Leasehold Improvement & Equipment Costs

Premises rent Varies Varies Landlord
Architectural services $12,500 $12,500 Architect
Construction work $288,000 $350,000 Contractor
Store fit-out (décor) $6,000 $7,000 Suppliers
Equipment $90,000 $90,000 Suppliers
Initial stock $8,000 $8,000 Suppliers
POS equipment $4,500 $4,500 Suppliers
Other $4,000 $4,000 Suppliers
Subtotal $413,000 $476,000

Other Initial Costs

Legal & accounting fees $4,000 $4,000 Lawyer / Accountant
Staff recruitment & training $6,000 $6,000 Employees
Launch promotion $6,000 $6,000 Adv. Company
Permits $3,600 $3,600 Government
Working capital provision $30,000 $30,000 Cash in Bank
Subtotal $49,600 $49,600
Total Investment $487,600 $550,600

Disclaimer: except for the Initial Franchise Fee, these figures are only an estimate of the cost associated with establishing a Piri Piri Rôtisserie restaurant in Montreal and based on actual figures from the existing restaurants and cannot in any way represent a true final figure. Cost can vary from an area to another and premises to another. We will work with you on your particular premises to determine more accurate estimated cost!