Franchise in camper trailers
Submitted: Friday, Mar 13, 2009 at 11:46
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Gossy
anyone here own a franchise in camper trailers? Interested in a model "Johnno's campers" here in
adelaide (looking for a rep in
Adelaide as they are not here yet). Low setup cost (just need their 4 models purchased to show) and that's fairly
well it. Lower setup than "workinabox", "subway" etc and it's something I'm intereted in also!
Problem is I know nothing about profit margins, market demand etc for this market. Calling them will only give me the sales pitch.
ta,
Reply By: Axel [ the real one ] - Friday, Mar 13, 2009 at 12:22
Friday, Mar 13, 2009 at 12:22
A 'Johnnos' hire c/t franchise is just starting in
Longreach this w/end ,,
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Reply By: Member -Signman - Friday, Mar 13, 2009 at 12:37
Friday, Mar 13, 2009 at 12:37
Ask johnno for franchise references !!
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Reply By: Sigmund - Friday, Mar 13, 2009 at 16:20
Friday, Mar 13, 2009 at 16:20
Sounds like you need help to develop a business plan.
As for Johnno's specifically, you could talk with one or two of the Vic franchise holders (but give Fairfield a miss).
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Follow Up By: Gossy - Friday, Mar 13, 2009 at 16:26
Friday, Mar 13, 2009 at 16:26
Yep, plan on speaking to someone interstate (so they don't see me as a competitor). Hope to get just some 'general'
feedback from anyone in the know before I spent hundreds of hours researching something that could be just a dead end anyway.
Depends on which way you look at it. Some say that because money is tight more Australians are holidaying locally (so you think that would be good for business) but the other view is that people are just packing a tent and not bothering with the expense of a camper trailer at all.
Cheers,
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Reply By: Sigmund - Friday, Mar 13, 2009 at 16:37
Friday, Mar 13, 2009 at 16:37
Well, demand for quality new CTs still seems to be strong here in Vic.
We have 2 new Johnno's franchises (though I can't say whether they're prospering) and another,
well known, local builder had a 3 month wait list when last I contacted them.
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Reply By: Hunt - Friday, Mar 13, 2009 at 16:38
Friday, Mar 13, 2009 at 16:38
Hi Gossy
friends of
mine have a franchise in
Alice Springs give them a call I'm sure they would be more than happy to give you an honest evaluation. Good luck with what ever you decide.
Brett
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Reply By: Gossy - Friday, Mar 13, 2009 at 16:40
Friday, Mar 13, 2009 at 16:40
thanks for that. I assume that they all did their research first (new ones in Vic and existing in Alice) so that sounds promising.
Ta,
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Follow Up By: Sir Kev & Darkie - Friday, Mar 13, 2009 at 16:43
Friday, Mar 13, 2009 at 16:43
There is one in
Gladstone (QLD) that recently changed hands and is still doing
well.
Cheers Kev
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Reply By: Best Off Road - Friday, Mar 13, 2009 at 17:45
Friday, Mar 13, 2009 at 17:45
Gossy,
Find yourself a good accountant who actually handles franchises and businesses. You'll need some advice on the profit/expense/overheads/capital oulay/utilities/insurance etc.
I once read an interesting quote that went something like,
"Business is easy. You just make/buy stuff and sell it for more than it cost you to make/buy, and a million other littles things in between."
Best Of Luck,
Jim.
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Follow Up By: Sigmund - Friday, Mar 13, 2009 at 20:39
Friday, Mar 13, 2009 at 20:39
Yeah, many small businesses go bust in short order cos they can't manage a decent cash flow.
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Follow Up By: Best Off Road - Friday, Mar 13, 2009 at 21:10
Friday, Mar 13, 2009 at 21:10
Cash flow is a much over used term Sigmund.
The more important thing to consider is having enough capital behind you to weather the first year or two.
From my experience of two new businesses
-year one, massive loss
-year two, make enough to pay the bills and eat
-year three make good profit and recoup some of the loss.
After that gradually build.
It's not for the faint hearted, is bloody hard work, and can be very rewarding.
Cheers,
Jim.
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