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Hattch Score Summary
Assessment Completed:
2024-01-01
Culture determines the environment, strategies and practices that inspire and engage employees and you as a franchisee to perform optimally and is important to wider company morale and maintaining good relationships.
Great performance happens when cultural attributes are closely aligned with and support both the franchisor’s and franchisee’s goals. A culture that is congruent and clearly communicated provides endless benefits to everyone in the franchise organisation including greater effectiveness and brand equity.
A company that shares your cultural preferences will prove more compatible and help you reach your performance potential.
Matching your core values with a franchise's core values creates compatibility and harmony. Having shared values provides a solid foundation for a long-term business relationship.
Like-minded people have a basis for understanding, communicating and exercising judgment. Values alignment builds strong brand recognition.
Our research and that of others, show that there is a strong link between financial performance and values alignment. When the values of an organisation are in alignment with the aspirational values of you as a franchisee, the result is high performance.
For greatest satisfaction and effectiveness, you should seek a work or business environment consistent with your natural working tendencies.
Work Style translates into how you will delegate, direct, motivate, manage, evaluate and resolve day-to-day business situations.
Work Style is particularly important for you as a franchisee, as you will be held responsible for aligning your business with the pace, priorities and direction the franchise outlines for the system.
Stages of Growth are determined by a company's managerial style, organisational structure, formal systems, major strategic goals and founder/owner involvement.
As a franchise organisation grows, the systems and procedures will adapt to support an evolving business model, the needs of the franchisees and to satisfy end-user demands.
Within each stage of business, your skills and goals as a franchisee need to complement a franchisor's plans and market expansion strategies. A franchisee that is in-step with the franchise organisation's Stage of Growth will prove more compatible and likely perform better.
Your business skills and competencies are important. More important however, is how those competencies complement those a franchise is looking for to achieve high performance.
Having complementary skills and competencies provides a framework for forming collaborations between you and a franchisor. It reduces redundancy, makes wiser use of resources, provides points of correspondence and thus leads to greater value, compatibility and performance.
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Franchise Compatibility Assessment
Our 5 minute survey will create your custom business owner profile. Once complete, you will see a score for each franchise, telling you how similar you are to their best franchisees. This score will save you time in your research, and guide you towards choosing the right franchise. Watch a short explainer video.
There are no right or wrong answers, just select what you think describes you best! The two sections can be completed separately and your progress will be saved.
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Buying a franchise is typically funded by combining your savings with property equity you have, and financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business. This typically can be approximately 50% of the total investment required.
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Franchise Compatibility Assessment
Our 5 minute survey will create your custom business owner profile. Once complete, you will see a score for each franchise, telling you how similar you are to their best franchisees. This score will save you time in your research, and guide you towards choosing the right franchise. Watch a short explainer video.
There are no right or wrong answers, just select what you think describes you best! The two sections can be completed separately and your progress will be saved.
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Ferguson Plarre Franchise Business for Sale in Bayswater, VIC 3153
The Ferguson Plarre model provides you with a simple, royalty-free bakery café business that requires no baking experience.
We do all the fiddly, messy, early morning baking which leaves you to do what you do best, provide hero customer service. Not only do we do the baking but we help find your site, negotiate your lease and build your store while you train. It's a piece of cake!
Do you have what it takes to be a top-performer at these franchises?
Our 5min assessment will rank you on the key attributes of Culture, Values, Work Style, Skills and Stages of Growth.
Do you have what it takes to be a top-performer at this franchise?
Our 5min assessment will rank you on the key attributes of Culture, Values, Work Style, Skills and Stages of Growth.
Further Info about Ferguson Plarre in Bayswater
Independent & Family Owned
No Royalties or Marketing Fees
No Early Morning Baking
Ordered & Delivered Fresh Daily
"This franchise is super supportive, fun and honest. It is not just a franchise but its a family and we all work together to make something special"
Amy-Lea Hovey, Hoppers Crossing
Franchising should be about being in business for yourself but not by yourself. This is why we provide you with a dedicated Business Support Manager. Your Business Support Manager is your first point of contact for all aspects of your business and will provide you with personalised support including recruitment & HR, local area marketing, sales budgeting, performance management, mentoring, problem solving and more.
Property & Projects
We find suitable retail sites, handle lease negotiations and all tenancies. We like to involve our franchisees in the lease renewal process and support them with all property management concerns, to ensure it’s viable for all parties. Our Project Management Team manage all refurbishment, relocations, and new fit-outs to ensure compliance with landlords and building authorities and ensure the fit out is on brand and on budget.
Accounting & Finance Team
We provide you with accounting tools to help manage your finances. These tools will assist with debtor and creditor management, accounts payable, payroll processing and accounts receivable.
Our Finance Team is available to discuss the numbers with you and discuss financial performance. Our team have relationship with many banks and financial lenders and can guide you to ensure you are support with your finance needs.
Marketing
Ferguson Plarre has a dedicated in-house Marketing Team resourced with expert marketers, digital specialists and designers, all working to keep Ferguson Plarre front of mind and engage our guests. They will support you with materials for your store, help you with local area marketing and deliver seasonal campaigns to promote new products.
What are the benefits of owning a franchise?
Owning a franchise means a larger organisation with an established and proven system isthere to support you. You have the flexibility of owning and operating your own store, butyou can lean on a larger network for support.
Do I need business experience?
Previous business experience isn't essential but it will most certainly provide you with an advantage with running your own Bakehouse. The most important thing is that you love baking people happy!
Do I need hospitality experience?
Franchisees are not required to have hospitality experience.
Do I need baking experience?
Franchisees do not require baking experience as there is no baking involved. Our expert team in the bakehouse do all the baking for you!
Do I have to work in my Bakehouse?
We require that you work in your Bakehouse full-time. In the future, if you qualify to open multiple stores, we require you to have a store manager at one of your Bakehouses.
How much working capital will I need?
Ferguson Plarre recommends that you have at least $25,000 in working capital.
What are the franchisor fees?
The initial franchise fee is $55,000 + GST and a security deposit of $20,000. Our franchising system doesn't charge an ongoing franchising fee.
What does the franchising fee include?
The initial franchising fee includes your franchising documentation, training, cost of processing your application, store opening promotions and the use of our intellectual property (brands and systems) for the term of the agreement.
Is marketing included or extra?
Ferguson Plarre does not charge a marketing fee.
What help do I receive when I open the store?
The Training Team and your Business Support Manager will be onsite with you for the first week. They will teach you everything you need to know about running the store. You will also have weekly catchups for the first 6 months.
What does the training include and how long does it take to complete?
Franchisee training includes 4 weeks of full-time training with online, head office and in-store components. You will also receive training support in the first week of operating your new store.
How are the existing sale prices of a Ferguson Plarre's Bakehouse determined?
The sales price of a Ferguson Plarre's Bakehouse is set by the selling franchisee and there are several factors that determine this price. Here are some of the factors that need to be considered, however it is always recommended that you seek professional and independent advice when investigating any business: The term of the lease | The profit and sales performance of the business | If the store has been recently refurbished or requires refurbishment | Goodwill | State and repair of the equipment
What qualities and attributes do you require to be a Ferguson Plarre Franchisee?
At Ferguson Plarre we are looking for people that have the bake it happen attitude, a desire to succeed and to build a successful team of people around you. We are looking for Franchisees that are self-starters, customer obsessed, believe in the Ferguson Plarre brand and have a willingness get involved in the local community while striving for a work life balance.
What does Ferguson Plarre expect from their Franchise?
The expectations are simple, follow the business model, uphold our brand and company values and deliver outstanding customers service day in day out.
How do I go about seeking finance for a Ferguson Plarre?
Ferguson Plarre have relationships and accreditations with banks and mortgage brokers. Currently as a guide most banks are lending on average up to 50% -60% on the value of the purchase price. The purchaser will need to fund the balance of the purchase via cash or equity in assets. However, it is recommended that you seek professional advice from a financial advisor or accountant.
Other Ferguson Plarre listings near Bayswater, VIC 3153
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Franchise Overview
Franchisees
Franchised Locations
Corporate Locations
Franchised partner type
Business type
Year Established
Investment Range
Investment Requirements
Buying a franchise is typically funded by combining your savings with property equity you have, and
financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business.
This typically can be approximately 50% of the total investment required.
To understand if you can afford a Celebrity Ink franchise, based on your current circumstances, use our
handy investment calculator.
Critical Information Statement
No Critical Information Statement available.
Personal Information Collection Statement
We collect your personal information to respond to your enquiry and to send you information about our franchising opportunities. We may share your information with our franchisors and their representatives. For information about how we handle your personal information, including how you can request access to and correction of your personal information or make a complaint, see our Privacy Policy.
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The following is a summary of how 's Business Builder Profile compares to Ferguson Plarre's top-performing franchisees, and provides an indicator of how well they are matched in terms of work style, culture, preferences and competencies.
This profile was generated using the hattch survey - to learn how you match to each franchise take the hattch survey now!
Brand Overview
Country of origin: Australia
Year established: 1901
Year franchised: 1987
Industry: Cafe, Food & Beverage
Category: Bricks & Mortar
Franchise partner type: Owner Operator
Investment: 300000 - 1000000
Corporate sites: 9
Franchised sites: 80
Franchisees: 64
Match Summary
Match Insights
Ferguson Plarre has outlined the following requirements to become a franchisee partner.
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You can meet the minimum investment level of $300,000 for this franchise opportunity.
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You are an Australian Citizen or Permanent Resident
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Success
We have sent an email introduction to you and the team at Ferguson Plarre. This starts the conversation thread between you and Ferguson Plarre and contains some important information that you should review.
If you’ve any questions, just let us know at [email protected] - we’re here to help!