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The Franchise
Journey
In order to complete your journey to becoming a Mr
Tea Franchisee you will be expected to go through a number of key
steps:-
Step 1
Please send us all the details we requested via
email or post.
Step 2
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A.
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Initial Screening and Personal Discussion
Upon receipt of your details we will
conduct some initial screening in order to ensure that your
details are correct and then schedule a meeting with you to
discuss your application. This is an ideal opportunity for both
parties to get to know each other and share information.
We shall also begin to share
more detailed financial information upon completion of a
Confidentiality Agreement in order that you can begin work on
putting your business plan together. We shall also begin to share
the Franchise Agreement with you. |
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B. |
Business Plan Information
Session
So that you can get the facts and
meet the key people at Mr Tea as soon as possible, you will be
invited to a morning or afternoon session of approx 3 hours. This
session will typically be carried out with up to six other
potential franchisees and the purpose is to provide you with
everything you need to know in order to take your application
forward and to evaluate the proposition as it relates to your
particular circumstances and geographic area.
The topics covered are:
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Cluster and property
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The financial and business model
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The contracts created for this business concept
Specialists from each area will present / discuss all three topics
and there will also be time for you to have a 1:1 discussion.
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C. |
Cluster Approval
As a result of your initial screening
and business plan information session, the 'geographic zone' that
you have discussed will be refined and agreed. This process will
typically take about two weeks and the clustering approach taken
will be explained at the business plan information session. |
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D. |
Financial Approval
In parallel with the above process,
you will have been working on the financials with your accountant
/ bank and will submit a financial package to Mr Tea. This will
typically take place three weeks after the business plan
information session. |
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E. |
Contract Approval
At this point, an 'in principle'
contract is agreed and you will complete the overall business
planning package.
At each stage of the
process, Mr Tea will ensure that you have a focal point for Q/As
and guidance appropriate to the topics you raise.
We
anticipate 4-6 weeks from Business Plan Information Session to
Sign-off. |
Step 3
We would expect our prospective Franchisees to present their Business
Plan to the Mr Tea Team in order to discuss in more detail the
viability of this exciting opportunity.
Step 4
Assuming that the Business Plans look in good shape we will action the
legal process with your solicitor.
Step 5
Once the legal formalities are completed and fees paid we shall work
with you to ensure that your chosen site is suitable. We shall then
work with you to ensure that the store is refurbished to the Mr Tea
standards.
Step 6
Whilst your store is being refurbished we will put in place your
Training Programme that will focus heavily on a 4-week intensive
programme in one of our stores. We shall also work with you to ensure
that you recruit and train a successful team.
How can I apply?
So if you think that Mr Tea provides you with an exciting opportunity
please email us at franchise@MrTea.com |
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