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    Franchise Prospectus

    www.fishandchipsfranchise.co.uk

    www.grandadnicols.co.uk

    GRANDAD

    NICOLS

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    Youre about to learn how to buy and sellFish and Chip Shops for significant amounts of money.

    Our proven system can allow you to make as much as

    60,000* to 100,000+ in your very first year !!

    Our expertise is buying run down fish and chip shopsfor next to nothing, quickly turning them into successful

    businesses and then selling them for big profits !!

    Key Benefits We can teach anyone to do this regardless of whether you own a Fish and Chip shop

    already or have no previous experience in the industry.

    High Income Potential - 60,000* to 100,000+ in Year One.

    Large Exclusive Territory in which only you can operate. This allows you to either

    build up a chain of shops or simply buy and sell them one at a time.

    First Class Training and Ongoing Support

    Reliable supply of good quality base products

    Proven Lead Generation

    Payment plans available

    Next Steps

    Once you have read this prospectus the next step in the process is to fill in the form at the

    back and arrange a visit to our head office. This will give us both the opportunity to meet

    each other, give you the chance to see the business first hand and provide you with the

    chance to ask any questions that you may have.

    Turnaround Examples

    Bradford. 11 months Sold for95,000 bought for 40,000

    Otley. Bought for 2,000. Soldfor 112,000 in less than a

    year,

    Pudsey. Sold for 75,000 (nomoney down) after 10 months.

    Current shop in Ilkley. Boughtfor 38,000. After only eightmonths it is worth in excess of200,000.

    *No guarantee of earnings can be given

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    The cost of a Grandad Nicols Fish and Chip

    Shop Franchise is 5,995 + VAT

    NB. All VAT is reclaimable

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    To ensure that you dont miss what this franchise opportunity hasto offer, please invest 20 minutes of your time to read this

    prospectus from start to finish.

    Index Page No

    Brief History of the Financial Results that were 5

    set when planning this system.

    Why choose a Grandad Nicols franchise. 7

    History of Fish and Chips 11

    Why Franchising? 16

    The Training Process and ongoing Support 17

    The Franchise Earning Potential 18

    The Franchise Package 19

    Next Steps 20

    Further Enquiry Form 21

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    This prospectus will explain exactly what the GrandadNicols franchising opportunity is all about, your

    earning potential and the key benefits you will enjoy.

    Over the last five years the Grandad Nicols team has focussed on

    developing their own unique business formula.

    This formula equips any fish and chip shop operator with the ability to secure a verycomfortable and stable income. The same system also equips the more adventurousof operators with the ability to periodically add large cash bonuses to that income.

    An excellent franchise package has been assembled to equip select individuals withall the necessary knowledge, training and support that they will need to replicate oursuccessful business strategy.

    You will be taught by an operational Grandad Nicols team everything that you willneed to know to run your own fish and chip shop. This will include all the technicalaspects as well as how to generate business within your local area. They will alsoteach you how to establish a very profitable and stable income, and how to sell fishand chip shops for high profits.

    The Grandad Nicols teams keyskill is to buy run down fish andchip shops, quickly turn theminto successful businesses andthen sell them on for significantprofits.

    They are a very successfulfamily business that has beenoperating within the fish andchip shop industry forgenerations.

    They have built up manysuccessful businesses both

    running them and buying andselling them.

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    Brief History of the Financial Results that were setwhilst pioneering this system

    Whilst pioneering this business formula the original Grandad Nicols team purchaseda fish and chip shop in Peel Park, Bradford for 40,000, re-selling it eleven monthslater for 95,000. They then acquired a closed down fish and chip shop in Otley,West Yorkshire for only 2,000. They applied their unique business formula andsold the shop eleven months later for 112,000.

    From Otley they went to Pudsey, West Yorkshire to reopen another closed shop.They secured this fully equipped shop for a simple rental agreement with thelandlords (no cash down) and then resold it ten months later for 75,000.

    The Grandad Nicols team finally decided to settle down and

    have now chosen the beautiful picturesque Town of Ilkley to

    become the official home of Grandad Nicols Fish and Chips.

    They purchased their current shop for 38,000 and after trading for only eight

    months the shop is already worth in excess of 200,000.

    Equipped with their tried and tested business formula the Grandad Nicols team isexpecting many of their franchisees to far exceed the financial results that they haveset whilst pioneering this system.

    Based upon our results and our proven track record,

    we at Grandad Nicols believe that we have the most

    competitively prices franchise package available.

    Not only will you have aprofitable and stableincome from your ownfish and chip shop, you

    will also have your ownexclusive franchise areato expand into.

    The picturesque Town of Ilkley

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    Based upon our results and our proven track record,we at Grandad Nicols believe that we have the most

    competitively priced franchise package available.

    The original Grandad Nicols team (now permanently based in Ilkley) will

    be constantly sourcing the finest quality potatoes and the highest gradedfish for all of their franchisees.

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    Why choose a Grandad Nicols Franchise?Below we have highlighted the main benefits of being a Grandad Nicols franchiseewhich should help you answer the above question.

    Proven Business Formula

    As a Grandad Nicols franchisee you will have the opportunity to build a successfulbusiness and earn an excellent income, working for yourself, but with the training,support and experience of an established business behind you. We have a proven

    business formula which will form the basis on which you operate.

    The other great benefit to owning a successful business is that you will have avaluable asset that you can sell in the future. This can include individual Fish andChip shops AND the actual business itself.

    Large Exclusive Territory

    Each franchisee is given an exclusive large territory to work within. This means thatonly you can operate and market within your chosen area.

    The area you are given will support multiple fish and chip shops which can beflipped for significant profits once they are performing well, OR, you can sell theentire area and business.

    Proven Lead Generation

    Grandad Nicols has a proven business formula for generating leads and businesswhich we will share with you.

    The key areas which cover this are contained within your training and operationsmanual and cover target markets, sales activity, lead generation tools andmaximising income.

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    As an operator of a Grandad Nicols franchise you canexpect to earn 60,000* to 100,000* in your first year

    of trading, further projections can be seen in the

    franchise earning potential section of this prospectus.

    The Original Grandad Nicols Team: Mark, David, Cindy and Hope

    Comments from the original Grandad Nicols team

    We have built up a very successful business both running shops and selling them forsignificant profit. We can only do so much of this ourselves, which is why we arenow looking to expand our business through franchising and high performingindividuals.

    If you are seriously thinking about entering into the fish and chip shop industry,before you commit, the Grandad Nicols team would love to meet with you. This willenable you to see their operation first hand and give you the opportunity to ask anyfurther questions that you may have.

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    Comments From Mark and Cindy Themselves(The oldest members of the original Grandad Nicols team)

    A life times experience of trial and error, the knowledge of what actually works andwhat doesnt has enabled us to ultimately develop a system of business that iscapable of turning unsuccessful fish and chip shops or even closed fish and chipshops into very successful businesses.

    Our ability to get results from businesses where others have failed has not happenedby good luck or chance, we got these results on purpose.

    Over the years we have seen many other people fail, even chefs, people that couldand did deliver a good product. The ability to produce good fish and chips alone isnot always enough to guarantee success within the fish and chip shop industry. Agood grasp of marketing, shop presentation, image, quality systems, techniques ofcooking and last but not least a reliable supply of good base products are also amust have.

    A Grandad Nicols franchise has got all this organised for you. After a brief period oftraining a novice will be opperating like a seasoned professional.

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    A Grandad Nicols franchise package has got all anglescovered for you.

    Credibility and Use of Company Brand

    As part of the franchise agreement you get to use the Grandad Nicols processes,systems, name, logo, website, history and stationery.

    Training and On-going Support

    You will receive on-going comprehensive training and support, this will combine onthe job training with an operational Grandad Nicols team and class room basedtraining. You will have dedicated support directly from the people who havesuccessfully built the business.

    Reliable Supply of Good Base Products

    You will be linked into Grandad Nicols trade contacts and suppliers; this willguarantee you a consistent supply of quality base products.

    As a Grandad Nicols franchisee you will have the training, support and experience ofan established business behind you.

    Assistance with Raising Finance

    Finance packages are also available for prospective franchisees if required. Abusiness plan template has been developed which is then amended to suit yourparticular circumstances. This can then be shown to any High Street Bank or Lendereither by yourself or with our assistance. This approach helps secure the lowest

    finance rates available.

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    Fish and Chip HistoryThe history of fish and chips and the opportunities thatare now available.

    Fish and chips originally came to Great Britain in the 17thcentury via Jewish peoplewho were fleeing persecution from Portugal and Spain. The early Jewishentrepreneurs originally set up on street corners cooking their potato wedges andfried fish on (portable) wood fired stoves. They became such a big hit with theBritish people that they were soon recognised as the national dish.

    Fish and chips championed the British food industry for 270 years until globalisationin the 60s and 70s introduced a whole host of alternative fast foods to the Britishhigh street.

    Over the last 30 years the fish and chip shop industry has lost much of its traditionaloriginality.

    Fish and Chip shops that are still capable of producing the goodold fashioned fish and chips that we all remember having as

    kids are now sadly in the minority.

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    Heres The Good News!

    The fish and chip shop industry is experiencing a revival.

    The revival is in part being attributed to the British peoples experimentation of allthe new fast foods coming to an end, and also in part to the financial crash of recentyears.

    Fish and chips are a cheap option in financially tough times!

    Many British people are looking back to the lost securities and stabilities ofyesterdays Britain and its good old fashioned fish and chips that are reminding themof those more comfortable times. Nostalgia (the wishful thinking of the past) iscausing fish and chips to become the peoples choice of fast food (comfort food intough times) a little taste of Britain as it used to be.

    The British publics return to fish and chips is making many present day operatorsvery rich, like in times past they are experiencing the exciting and rewarding sight ofqueues forming within their shops. Their trade is steadily increasing and their profits

    are soaring.

    A word of caution though.......

    This revival is not guaranteeing success to all fish and chip shop operators, quite thecontrary. The revival only appears to be happening within shops that are capable ofproducing the good old fashioned traditional fish and chips that the British peopleremember having as kids.

    People want their fish cooked in a traditional light and crispy batter accompanied

    with good old fashioned big thick British chips.

    A GRANDAD NICOLS FRANCHISE WILL TEACH YOU

    HOW TO REPRODUCE THESE GENUINE TRADITIONALFISH AND CHIPS!

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    You will also be taught how to consistently cook your fish and chips so hot and freshthat they SIZZLEwhen customers apply lashings of salt and vinegar to them.

    If you are going to enter into the fish and chip shop industry please dont just havea go yourself, this approach has a 90% failure rate. Partnering with people whoreally know what they are doing will almost guarantee your success!

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    Can you see this opportunity?NEVER BEFOREhas there been such a time as this when you could pick up, oftenfor just a rental agreement, prominent prime site vacant shop units that can (subjectto planning) be turned into prominent prime site fish and chip shops or evenrestaurants (just take a look at your local high street).

    NEVER BEFOREhas there been a time when you could pick up fish and chip shopsat such low (rock bottom) prices or even fully equipped (closed) fish and chip shopsfor rental agreements (no cash down).

    NEVER BEFOREhas there been so little competition within the fish and chip shopindustry i.e. so many operators that have not been properly trained in the art ofproducing good quality fish and chips.

    AND NEVER BEFORE, has the demand for the re-sale of good (lucrative) fish andchip shops been as high as it is today, with so many people (due to the financialclimate) looking for alternative incomes.

    A well trained operator can take advantage of all these

    opportunities!

    Comments from the Grandad Nicols team.

    The present financial climate is proving perfect for the system of business that wehave developed, the only down side is that we cannot handle all the opportunitiesthat are now being presented to us. That is why we have decided to expand ourbusiness through franchising and high performing individuals.

    We can access these opportunities together!

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    Why Franchising?

    Franchising is a fantastic way to start and run your own business it provides

    you with an opportunity to earn a high income but with the support and back up

    of the franchisor behind you.

    Starting a new business always carries a risk new businesses are vulnerable. Thedegrees of vulnerability vary depending on:

    Knowledge Skill

    Financial resources Relevant abilities

    Many who start up their own business lack some or all of these qualities. Many failbecause they cannot learn quickly enough and the money runs out.

    With a franchise this risk is substantially reduced because you are buying theexperience and expertise of the franchisor. This will help you avoid making the same

    mistakes that they have made during their trading life.

    Other Franchise Benefits

    You are selling an established product or service with a turnkey business plan andformat for you to operate. This includes the brand, systems and processes, leadgeneration and marketing assistance plus help raising finance if required.

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    The Training Process and On-going SupportGrandad Nicols has spent several months developing their franchisee trainingprogramme and Operations Manual. It has been designed to give a franchisee therequired skills and knowledge to operate their own Grandad Nicols franchise.

    After a short period of training a novice will be able to operate a fish and chip shoplike a seasoned professional, with the added assurance of Grandad Nicols on-goingsupport and advice if needed. We believe that choosing to operate within theframework of a Grandad Nicols franchise (choosing to partner with us) will

    genuinely increase, possibly even maximise your ability to enter into, and to exit, thefish and chip shop industry successfully.

    Initial Training

    The initial training takes place over four weeks and includes:

    Grandad Nicols overview and the market place

    Setting up and running your Grandad Nicols business

    Technical training to confidently run your business. This will include product

    training cooking for success and using the right suppliers

    Sales and marketing

    How to flip fish and chip shops for significant profit

    Administration and reporting

    This training gives you sufficient knowledge to confidently begin trading as GrandadNicols within your exclusive territory.

    On-going Bespoke Training and Support

    Once you have had your initial training from Grandad Nicols it doesnt stop there.On-going bespoke training is available if you want more advanced training or justsome refresher training to go over anything again. We are committed to the successof all our franchisees and feel that our training, support and backup are key featuresof our offering. Grandad Nicols also provides comprehensive telephone and e-mailsupport.

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    The Franchise Earning Potential

    As a Grandad Nicols franchise operator you can expect to make between 60,000*

    and 100,000* in your first year of trading, these figures are very realistic. The

    original Grandad Nicols team is expecting many of its franchisees to greatly exceed

    the financial results that they enjoyed (as seen in the Grandad Nicols Brief

    Overview).

    Once you have built your first shop up in year one you can then launch out into your

    own exclusive franchise area to build a chain of shops or flip shops for huge cashbonuses.

    The territory area that you receive as part of your Grandad Nicols franchise package

    is also a saleable asset. As you build your territory area, it can at some time in the

    future be sold in its entirety or in part for very large sums of money. With the

    Grandad Nicols business system and your own franchise area to operate it in, there

    is no limit to what you can earn.

    For a recap on the opportunities that are available to a Grandad Nicols operator

    please refer back to the history of financial results.

    *These figures are potential earning figures. No guarantee of actual earnings can be given

    The Grandad Nicols team will further discuss these financial projections (in person)with people who are genuinly interested in becoming Grandad Nicols fish and chip

    shop opperators.

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    The Franchise PackageThe cost of the Grandad Nicols Franchise is 5,995* (+VAT)NB. All VAT is reclaimable

    The Grandad Nicols franchise includes the following:

    Full training which covers all aspects of running a Grandad Nicols franchise

    Trading under the Grandad Nicols brand name

    An exclusive territory for you to trade in with the opportunity to set up

    multiple shops

    Permanent on-going head office support in all aspects of running your

    Grandad Nicols business

    Complete start-up package including stationery and sales literature

    Operations and resource manual

    A dedicated & integrated web presence and e-mail

    1500 Marketing Leaflets

    Uniforms

    Marketing Launch of your first fish and chip shop

    Product measurement equipment

    *On-going fees

    There is a management fee of 50 per week in Year 1, rising to 60 per week inYear 2 and onwards. This fee is based upon the costs that Grandad Nicols can save

    you via group purchasing.

    In addition to the franchise fee you will also have the costs of your Grandad Nicolsmenu and signs (approx. 1,000) and the acquisition costs of security for yourselfand your shop.

    Please note Grandad Nicols is often able to source a shop for you at aminimal cost, sometimes even for a simple rental agreement (no cost atall).

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    Next Steps

    Who are we looking for to join us at Grandad Nicols?

    We are looking for people who have good manners and pleasing personalities. Thesecharacteristics will be needed for the maintenance of good customer relations. Wealso like honest and reliable people who are ambitious hard working and selfmotivated.

    Taking your Application FurtherIf having read through the prospectus you believe you have the necessary skills anddesire to become a Grandad Nicols franchisee then you are ready to take yourapplication further.

    The next steps are to answer any questions you may have regarding the franchiseand then arrange for you to come and view the Grandad Nicols operation first hand.

    Please fill in the brief form on the next page or do it online at the Grandad Nicols

    Franchise Website www.fishandchipsfranchise.co.uk, the quickest way to fill it in isonline but if you decide to fill in the form on the next page please post it back to:

    Grandad Nicols109 Leeds RoadIlkleyLS29 8EG

    Or you can call us on 0161 406 1878 and ask for Julie Roden

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