+386 69 932 617
Open Your Own Tools Shop in 30 days
and earn from 3000 EUR
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+386 69 932 617
TOTAL TOOLS STORE
Modern format of business for selling tools
FRANCHISE FORMATS
SMALL
A SMALL type store is a store with small area, usually inside of shopping center
Investment amount from 25 000 EUR | Lump sum payment 2 000 EUR | Retail space from 25 sq.m |
Royalty 0 % | Payback from 6 months | Monthly income from 3 000 EUR |
STANDARD
STANDARD type store is a store with standard or large area. Suitable for placement both inside of shopping center and in a separate place
Investment amount from 40 000 EUR | Lump sum payment 3 000 EUR | Retail space from 50 sq.m |
Royalty 0 % | Payback from 12 months | Monthly income from 6 000 EUR |
Find out if your city is available for TOTAL TOOLS franchise development
+386 69 932 617
Examples of TOTAL TOOLS stores
What does our partner get?
The TOTAL TOOLS franchise is a sustainable business model, with a modern approach and a team of professionals. It is a network of professional stores with a bright design and a pleasant atmosphere.
How to become a TOTAL TOOLS franchisee?
Frequently asked questions
What initial investments are needed to launch and what do they consist of?
At the start, you will need about 40 thousand euros for a Standard store and about 25 thousand euros for a Small format store. This amount will include: a lump sum payment, product filling, retail equipment, store design, advertising, training.
How to calculate the volume of goods for the area of my store?
The volume of investment in goods depends on two values: the area of the store and the financial capabilities of the franchisee. You can’t beautifully place tools for 50 thousand euros on 20 m². You won’t get a store, but a pile of incomprehensible boxes. On the other hand, empty shelves scare off customers. Therefore, we insist that any gap in the display case be urgently covered with similar goods, consumables or POS materials. It is necessary to consciously approach the choice of the starting assortment so that the store looks rich and harmonious, and there is enough reserve goods in stock.
How quickly will my investment pay off?
We live in a highly competitive world, where there is a factor of seasonality, successful and unsuccessful location, staff competence and much more. TOTAL TOOLS stores can reach operational payback in 2-3 months of operation. Full payback, taking into account the initial investment, occurs after a year of operation. These data are averaged, since it is impossible to predict which of the partners will start generating income almost from the first day, and who will fail in the hot season. Everything depends on the interest of the business owner.
Will I get discounts on the purchase of goods?
TOTAL TOOLS franchisees receive maximum discounts on the purchase of TOTAL and APECS goods, compared to other types of partners. In addition, we provide a deferred payment.
Can I see the product matrix? What does it include?
The product matrix includes electric and hand tools, power and garden equipment, and TOTAL consumables. The product matrix is compiled individually for each store and is based on ABC analysis. The opening group specialist includes both popular items and rarer professional models in the basic stock to meet the demand of the widest audience. The partner takes direct part in the selection of the necessary goods and can make their own adjustments.
What is the markup on the product?
Gross markup is over 50%: for power tools - 40-60%; for consumables - up to 150%.
What support does the franchisor provide?
From the moment of the first contact until the end of the contract, a whole team of specialists works with the partner: 1. The development manager helps to select and evaluate the premises, explains the key business processes, agrees on the opening schedule and supervises the conclusion of the contract 2. The opening manager creates a product matrix, design project and planogram. Physically helps to launch the store. 3. The business support manager helps to set up business processes, reporting, supervises initial training and advertising. 4. The support manager creates and adjusts the matrix, consults on sales development issues. All store personnel are trained by specialists from the TOTAL TOOLS head office in Ljubljana.
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