Franchise
Franchising Process
1. Inquire
- Basic inquiry by phone, e-mail, or in person
- Our sales representative will contact you to obtain your basic information
- Schedule an interview to go over the details and information
2. Negotiation
- Receive and discuss the Franchise Disclosure Document
- Turn in the deposit for territory holding
- Look for the best location
3. Contract Signed
- Final store location approval
- Sign the Franchise Disclosure Document
- Sign the final lease for the store’s specific location
4. Development
- Store build-out or renovation
- 1102 staff will assist with store design, floor plan, 3D layout, renovation plan
- 1102 staff will assist with decoration
5. Training
- 1102 staff will train up to 2 people in 1102 major stores to provide knowledge and hand on experience
6. Grand Opening
- Congratulations on your brand-new store
- 1102’s experienced senior trainer will be on-site to assist and to ensure seamless store operations during the Grand Opening (for up to 7 days)
Franchise terms
Total Initial Capital
Cost Estimated: $120,000 – $300,000
Space Requirement: 1,000-2,000 sq. ft. (recommend 1,400-1,600 sq. ft. for best usage)
Upfront Cost: Franchise fee*, training fee, royalty fee, deposit*
Other Costs: Renovation cost, equipment cost, inventory cost
* The franchise fee will be collected when the Franchise Disclosure Document gets signed.
* The deposit will be collected at the time of receiving of the Franchise Disclosure Document (FDD). The deposit will be deducted from the franchise fee if the FDD gets signed, or will be fully refunded if you decide the franchise is not a good fit for you by declining the FDD.
