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CoLaz FranchiseeThe UK's leading skin clinic
CoLaz Franchisee
Every business is different, but our experience means we can make some general forecasts about what you can earn as a CoLaz franchisee.
Take a £24,000 yearly salary.
You can have a regular income from working within your business to help you cover your day-to-day living costs.
100% of annual profits are yours to take as dividends.
Annual income for your business is expected to exceed £75,000 from Year 4 and to reach over £100,000 after Year 5.
You can use the excess profits as income for yourself. Once the business is established, dividends are likely to be much higher than the regular salary and contribute towards a significant annual income level for you. Our standard business model shows annual income exceeding £75,000 from Year 4 and around £100,000 or more after 5 years of trading.
All cash invested is repaid by the end of Year 4.
As the business develops, you will have the opportunity to pay back the cash you have invested in the set-up costs and working capital. Our standard business model shows that 100% of cash invested can be paid back within just 4 years.
Asset Value & Succession
once the business is established, it will be considered an asset of significant value with a secure income stream.
The business can be passed on within your family at a later stage or sold on as a going concern to another entrepreneur.
You will be owning and managing your own business – imagine the feeling of pride and self-esteem that delivers! You will be a respected integral part of the local business community and benefit from the kudos of owning your own business and being seen as an entrepreneur.