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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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Frida's Sip n' Paint Franchise Business for Sale in Woolloomooloo, NSW 2011
Frida’s Sip n’ Paint is expanding across Oceania! No experience is necessary to start your own business. This is a great opportunity for anyone looking to take advantage of affordable upfront investment, low royalty fees of 7.5% or $1750 per month (the greater) and a proven franchise model. Whether you are an owner-operator or pure investor, our expert support team will guide you through each stage of set up, training and strategy.
The demand from the Sip n’ Paint industry has rapidly increased over the last few years, establishing itself as a go to option for nights out, events (corporate, hens, birthdays etc) and other celebrations. Frida’s has set the bar, elevating the Sip n’ Paint experience to a level never seen before in this industry. Ft. BYO drinks and nibbles, Chandelier lit ceilings, blacked out walls, lavish timber benches, a host to tend to guests every need, premium glassware and other high quality materials. Defining luxury, interactive, inclusive and fun entertainment.
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 Frida's Sip n' Paint in Woolloomooloo
What We Offer
Studio
- Site selection – assist and approve
- Guidance on lease negotiations
- Studio fit out and signage plan
- Franchise Manager to assist with and approve the studio setup
- Reputable and reliable suppliers with competitive industry pricing
- Franchise Manager assisting with the Project Management of your studio launch
- Exclusive Franchise Territory for your studio and off-site operations
- Print-ready templates for branded material (Gift Vouchers, Flyers and more)
Staff and Training
- Dedicated Franchise Manager to train you on all Frida's processes and procedures in order for you to operate a successful Frida's studio
- Staffing plan designed based on your desired operating model
- Recruitment consultation for your staff short list
- Owner training
- Admin and back-end training
- Quarterly Training Sessions
Marketing & Web
- 2 months of tried, tested and proven email, digital and influencer marketing strategies implemented by our in house team for your studio launch
- Creation of your location's studio landing page on the Frida's website.
- Session booking calendar pre loaded
- Set up your studio locations individual social media accounts
- Studio Launch Marketing data reporting
- Post studio launch marketing hand off package, brand guide and assets.
- Skilled Marketing Manager, Digital Advertisement Specialist and Social Media Coordinator and Graphic Designer.
- Ongoing marketing support from HQ after the initial 2-month campaign (optional for additional fee)
Operational
- All policies, procedures and checklists to assist with the running of a successful and efficient studio
- Full painting collection upfront with step-by-step guides for the artists
- Painting collection updated every 6 months
- Dedicated Franchise Manager to assist with day-to-day questions
- Tailored Frida’s Dashboard for monitoring your studio
- Off-site blueprint including strategy, documentation and website listing for your studio
Franchisee Testimonial
“I have wanted to open a Sip and Paint Business for over a decade! After very comprehensive research in Sip and Paint Franchising opportunities and speaking to a few different Franchise Owners, I am so pleased I chose Frida’s Sip n’ Paint! Not only are they incredibly knowledgeable, they are very supportive, considerate and genuinely wonderful people who care about their brand and the success of their Franchisees. I love going to work each day, my work / life balance has improved and I have found a whole new lease on life! 12 weeks in and I have no doubt my Mooloolaba Studio will continue to be a success, and I am already planning on opening another studio soon.”
NATASHA FENTON, FRIDA’S MOOLOOLABA
Features
Upfront investment under $100k Incl. franchise fee, P&E, stock, signage, marketing and more*
Franchise royalty fee $1,750 or 7.5% of revenue (greater of)
10 months marketing launch strategy, tested & proven
Faqs
Do I need to be an artist?
Definitely not. The same goes for the guests that come to our studio, no painting experience is necessary. The Frida’s model has been tried and tested as an investor-run model with great success. We assist with the recruitment and training of your staffing needs to ensure the running of your studio is up to the gold star Frida’s standard.
How much time is required by the owner/investor?
Our business model allows you the flexibility to decide your own level of input. The flexibility of this model suits an investor to an owner/operator and everyone in between. We can go through this in further detail as you progress through the enquiry and onboarding process.
How do we compare to other franchise models?
We really could go on all day about the benefits of this model in comparison to others in the industry, so let’s summarise: Low upfront investment | Affordable setup costs | Efficient procurement process (get up and running in as little as 6 weeks) | Training coordinator onsite to conduct training and assist with launch | Dedicated social media and marketing manager | Skip the red tape – you’ll have 24/7 access to world class HQ support. Other franchise models will simply take your money, set you up and leave you with the rest. We provide ongoing specialist support from our team of marketers, artists and HQ franchise managers. So you can focus on what matters – the studio!
Do I have to market myself?
With the Frida’s model, we will look after the first 2 months of marketing for you to ensure your studio is launched with a bang. After your initial launch campaign we have an optional marketing package for our franchisees. This includes your very own dedicated marketing and social media manager who will continuously update socials, run ads, SEO, email marketing, and any PR communications. All of which are tried, tested, and proven strategies developed by our specialists to ensure you optimise all possible revenue streams.
If it’s so easy, couldn’t I do it myself?
Absolutely. If you want to run the risk of joining the high % of small businesses that fail in their first 12 months. The benefit of our franchise model is that it truly has been tried, tested, and proven as successful across a number of locations. There is no uncertainty in the figures we have seen come through our studios. Unless you are an expert yourself chances are you will definitely benefit from our model!
Why do people book with Frida’s?
The best part of the Frida’s franchise model – the experience. Frida’s is considered the leading luxury Sip n Paint brand in Australia. We pride ourselves on ensuring all of our guests receive the royal experience. From red carpets on arrival and adorning chandeliers down to our glassware, each detail is carefully selected to meet the high-end standards of our clientele.
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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 Frida's Sip n' Paint'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: 2019
Year franchised: 2021
Industry: Entertainment or Play Centre
Category: Bricks & Mortar
Franchise partner type: Owner Operator
Investment: 50000 - 100000
Corporate sites: 1
Franchised sites: 1
Franchisees: 5
Match Summary
Match Insights
Frida's Sip n' Paint has outlined the following requirements to become a franchisee partner.
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You can meet the minimum investment level of $50,000 for this franchise opportunity.
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You are an Australian Citizen or Permanent Resident
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If you’ve any questions, just let us know at [email protected] - we’re here to help!