Slaughter and Fox
SLAUGHTER & FOX
THE AFFORDABLE LUXURY CHOICE
Background
In establishing the Slaughter & Fox brand the owners set out to achieve a respectful balance between premium products and revolutionary prices. Convinced that eyewear was way too expensive, their further research revealed that the market was controlled by one company, giving rise to inflated prices and essentially leaving customers with no alternative. The company thereafter added Luxury bags which are Made in Italy and sold at a fraction of the price of the traditional brands. As a reseller you will procure these at 30% of the retail price so your margins are well over 200%.
As an optometrist or a fashion boutique, you are able to convert your store to a Slaughter & Fox store, without entering into a franchise agreement, which allows you to stock every other brand you wish to. Your margins on Slaughter & Fox products will be well over 200%. Slaughter & Fox will market your facilities via various channels.
The company is busy conceptualizing a more affordable brand -Oliver & Fox, products of which may also be bought and sold by the prospective licensees.
For entrepreneurs seeking a master license opportunity the founders are willing to discuss a 10 year term license.
As an optometrist or a fashion boutique, you are able to convert your store to a Slaughter & Fox store, without entering into a franchise agreement, which allows you to stock every other brand you wish to. Your margins on Slaughter & Fox products will be well over 200%. Slaughter & Fox will market your facilities via various channels.
The company is busy conceptualizing a more affordable brand -Oliver & Fox, products of which may also be bought and sold by the prospective licensees.
For entrepreneurs seeking a master license opportunity the founders are willing to discuss a 10 year term license.
The concept under the spotlight
The Slaughter & Fox franchise concept allows you to run your business as you see fit, with as little or as much help as you need. The singular requirement is that licensees/ franchisees, purchases their stock from the licensor/franchisor. Permission to stock Operated by Luxottica, can be granted. The franchisor estimates that franchisees can double their investment in 6-8 months, but this will require substantial effort on the part of the franchisee. One of the aspects that sets this franchise apart from others in this space is they do not levy a recurring monthly fee.
Slaughter & Fox products are targeted at the growing aspirational middle-class and the modern high LSM class who wants to pay an honest price for a quality product, who while appreciating the need of a good quality product, doesn't want to pay a fortune for it.
Franchisees may opt for a kiosk or shop model. Kiosks are assembled from inter-lockable units that fit together like Lego blocks, making it easy to expand a kiosk if necessary. A typical kiosk will occupy 9sqm.
If they are well trained, two people will be able to manage and outlet and in quieter areas even one person may be sufficient.
Franchisees may opt for a kiosk or shop model. Kiosks are assembled from inter-lockable units that fit together like Lego blocks, making it easy to expand a kiosk if necessary. A typical kiosk will occupy 9sqm.
If they are well trained, two people will be able to manage and outlet and in quieter areas even one person may be sufficient.
Consider your support
We prefer having a very straight forward relationship of buyer and seller. Nevertheless, you can ask for as little or as much information as you want to. We are happy to provide training manual which shall be kept confidential, where sales staff are taught to upsell.
We could recommend sites and assist if needed in negotiating with the mall and guide regarding personnel recruitment, marketing and provide training.
We could recommend sites and assist if needed in negotiating with the mall and guide regarding personnel recruitment, marketing and provide training.
Do you fit the profile?
The franchisor is looking to partner with entrepreneurs who are interested in revolutionising the eyewear and fashion industry. While prior experience managing a retail business will be advantageous it is not compulsory, a team-player attitude however is not negotiable.
Ideally, franchisees should have R350 000 in unencumbered cash of invest in the business. Special programmes are available for black female entrepreneurs.
Ideally, franchisees should have R350 000 in unencumbered cash of invest in the business. Special programmes are available for black female entrepreneurs.