Investment
Your Investment
The initial fee for joining the Target Sports World franchise is £20,000 (plus VAT).
Included in this fee is:
Set-up costs
Of course, there are also a number of other costs to consider, such as leasing and setting up your site, purchasing equipment and initial stock, hiring staff etc. These costs can vary from location to location, but we have prepared a detailed breakdown based on our current outlets which we are happy to discuss further with you.
You will also need to make sure you have a certain amount of working capital available to you to cover hiring staff, purchasing supplies and day-to-day costs while you build up your presence in the local area.
All in all, we estimate the total capital required to open your own Target Sports World franchise to be approximately £344,800 (plus VAT.) with a minimum personal investment of £150,000 at the start of the partnership.
Help raising funds
While the Target Sports World franchise does not provide financing directly, there are a number of attractive options to help you with your investment.
For example, it may be possible to obtain funding from most major high street banks for some of the amount. Franchising is one of the safest and most secure ways of starting your own business, so many lenders rightfully see it as a much lower risk than a completely new start-up, and may be much more inclined to lend you money against your investment.
We are more than happy to point you in the direction of further information.