FRANCHISE PROSPECTUS 2015 A franchise that REALLY DELIVERS A brand new franchise opportunity that has delivered results for over 12 years in the UK and over 40 years in the USA Unique business Proven results Low cost to advertisers (they love us) Large exclusive territory Not just printed vouchers – online too! Your role? To develop long lasting relationships with your customers, and earn £27,000 to £140,000 in your first year* *gross profit 1 HELLO THERE Thank you for taking an interest in franchise opportunities with Voucher Packs. When I started the business back in 2001 I had a clear image of what I wanted Voucher Packs to be. Over time, the business has expanded and evolved as consumers’ tastes change and households increasingly look for ways to save money. We now have what we think is the perfect package to champion local businesses and provide great deals for consumers. In fact, our reputation for fantastic service and results is backed up by the fact a third of our franchisees are former customers. Our wealth of experience means we can share our knowledge with those who are right for the job. Be under no illusion, building a successful business isn’t easy, and we have a careful selection process to ensure those we take on have the same ethics and aspirations as we do. However, if you are chosen, you can be assured our exclusive support package will allow you to grow your own successful business. Managing Director Voucher Packs 2 THE VOUCHER PACKS MODEL Simply put, we help businesses to promote themselves cost effectively. Our franchisees work with small and medium sized businesses in a given location (territory) to assist them in coming up with offers to change people’s buying habits. We then mail these offers out to homes. Our mailing method and the appearance of our ‘pack’ produces results of up to five times greater than traditional leaflet drops – according to our customers. We are looking for ‘champions’ – individuals or couples – who want to make a difference in their local area. Over 90% of businesses report their campaigns almost always pay for themselves. But don’t just take our word for it. “Our national advertising brings about 3% response. Voucher Packs has brought results of over 17%. I know when the packs have been delivered because there is a queue outside the shop. Voucher Packs is the best local store marketing we have ever done.” KFC Blackpool Our annual campaign was more than paid for by the first mailing. We have been using Voucher Packs for seven years and get great results. We know it works. Cliffs Hotel and Leisure Club 3 THE FRANCHISE OPPORTUNITY We give you the opportunity to start your own Voucher Packs franchise, and to do this we have a number of packages, starting from £10,000, with our largest package available for £12,500. A complete breakdown of the investment will be supplied to qualified applicants. Your franchise will consist of trading areas, broken down by Royal Mail postcode to make it super easy. And to help you along your journey we offer: A low risk business Full training Your own dedicated franchise manager for the life of your franchise Introductions to national clients Large exclusive territory Operations manual No stock required No vehicle requirement Work from home A business that fits in around the family All design and production elements are handled on your behalf, leaving you free to develop long-lasting relationships with customers 4 THE PACKAGE To help you maximize the business potential of your area you will get: 4 full days of in-classroom training Further two days of training in your territory A tailored launch opportunity A full starter pack Your own web page Full Voucher Packs stationery starter pack Ongoing support for the life of your franchise Your dedicated franchise mentor/manager The chance to buy additional postcodes at a reduced cost 5 THE REVENUE POTENTIAL The examples below show the revenue possibilities of a Voucher Packs franchise mailing to one, two or three areas per month containing: The basic level of 10 vouchers and 16 vouchers at the low cost of £250 for 10,000 shared leaflets. Many of these advertisers will be in more than one area and the majority will be advertising over several months. Projected annual trading profit (£) 1 area 1 area 2 areas 2 areas 3 areas 3 areas 10 vouchers per pack total 20 customers 16 vouchers per pack total 32 customers 10 vouchers per pack total 40 customers 16 vouchers per pack total 64 customers 10 vouchers per pack total 60 customers 16 vouchers per pack total 96 customers Revenue (net of VAT) 60,000 96,000 120,000 192,000 180,000 288,000 Production costs 28,200 40,800 56,400 81,600 84,600 122,400 Franchise fee at 8% 4,800 7,680 9,600 15,360 14,400 15,040 Annual gross profit 27,000 47,520 54,000 95,040 81,000 142,560 / % margin 45% 49.5% 45% 49.5% 45% 49.5% You will no doubt see the leverage from building your business in each pack – you choose your income level. Are you satisfied with 20 vouchers per pack? NOTES The hypothetical financial projections above are based upon the performance of existing franchise locations and our company owned operations. Actual turnover will depend upon the effort of each franchisee and market conditions. This projection excludes any revenue from the website. Please note these figures are for the purpose of illustration only, and are not intended as a guarantee. A full description of the assumptions upon which they are based is available from Voucher Packs, and will be provided during any presentation. 6 WHAT OUR FRANCHISEES HAVE TO SAY Andy Atkinson - Voucher Packs, Blackpool “I owned a KFC franchise for 25 years and used Voucher Packs to print and deliver leaflets promote my business for about eight years. The response we had was way beyond anything we had been able to gain using traditional means, reaching up to 20 per cent. “I came on board as a Voucher Packs franchisee in 2012 and now my Blackpool franchise regularly turns over £30,000 a month.” “The combination of the Leaflets and the digital platforms is a powerful markeing mix that appeals to most businesses.” Dave Walsh – Voucher Packs, Chorley “I first became aware of Voucher Packs when a pack dropped through the door with great offers from local companies that I used myself. Then when I was in a queue, voucher in hand, at a local food store I saw that half the people in the queue also had vouchers. I’m now in my fifth year of business and each year has been better than the one before.” 7 HMMM… Not sure yet if Voucher Packs is right for you? Building your own business is not for everyone, but if you have strong people skills, determination and enthusiasm then this could be the best move you’ve ever made. The first step is to fill out an application form and get in touch with our business development manager Charlotte Wareing at [email protected]. We can then send you some more information about what we do and progress to a meeting with one of our team. We also offer potential franchisees the chance to shadow our existing ones so you can see what it is they do and experience life in the field. Above all, talk to your family and friends and see what they think. We’re not about the hard sell, we’re about getting the right people and working together to do a great job. We’re expanding into more towns in the UK and giving more businesses better options on how to promote themselves. We’re excited, and we hope you are too. 8 THE PACKAGES Voucher Packs has been tried, tested and proven for more than a decade. Our franchise costs reflect our commitment to building a reputable network of franchisees at a cost which is not out of reach Package 1 60,000 households and digital media Total - £10,000 plus VAT Premium package 2 80,000 households and digital media Total £12,500 plus VAT Additional territories of multiples of 10,000 homes are available at a cost of £2,500 per area A more detailed breakdown of franchise costs can be obtained from our head office by calling 01253 892814. Alternatively, email [email protected] or visit our website at www.voucherpacks.co.uk
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