Shakez
ABN :
51161697945-
Industry Division
RETAIL TRADE
Industry Sub-Division
Food Retailing
Address of the franchisor’s registered office
1230 High Street, Armadale VIC 3143
Address of the Principal business office
1230 High Street, Armadale VIC 3143
Where the franchise currently operates
VIC
Where the franchise is planning to expand
Not provided
Last month of franchisor’s financial year
Not Provided
Year in which the last financial year ends
Not Provided
Years In Operation(Years)
Not Provided
Supplier Restriction
Yes
Franchisor Can Change Agreement
Yes
What is the standard term of franchise agreements
5 or more years
Are franchisees entitled to compensation for goodwill in the business
All goodwill is owned by Shakez. Having said that, if the Franchised Business is sold, the Franchise Partner retains the net proceeds, which include an amount for goodwill. Moreover, Shakez may pay the Franchise Partner compensation for the goodwill created by it if, not paying that amount, negates the post-termination non-compete and Shakez chooses to enforce that non-compete.
Are franchisees subject to a restraint of trade (or similar) clause
Yes
Franchising Agreement URL
Not provided
Option For Renewal
Yes - Subject to new agreement
Public Email
Public Phone Number
0449034439
Website URL
https://shakez.com.au
Youtube Link
Not Provided
Key Facts Sheet Url
Not provided
Minimum Investment
$123955
Maximum Investment
$180790
Minimum Ongoing Payments
$47430
Maximum Ongoing Payments
$48430
Minimum Other Payments
$118140
Maximum Other Payments
$172920
Total Owner Franchisors
Not provided
Total Co-orporate Franchises
Not provided
Disclosure Url :
Not provided
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