DISCLOSURE DOCUMENT FOR FRANCHISEE OR PROSPECTIVE ...

11.2 Details of whether the territory or site to be franchised has been subject to a franchised business operated
by a previous franchise granted by the franchisor and, if so, details of the franchised business, including
the circumstances in which the previous franchisee ceased to operate.
See item 11.3
11.3 The details mentioned in item 11.2 must be provided:
(a) in a separate document; and
(b) with the disclosure document.
See Schedule F
12. MARKETING OR OTHER COOPERATIVE FUNDS
12.1 For each marketing or other cooperative fund, controlled or administered by or for the franchisor, to which
the franchisee may be required to contribute, the following details:
(a) the kinds of persons who contribute to the fund (for example, franchisee, franchisor, outside
supplier);
(b) whether the franchisor must contribute to the fund in relation to businesses owned or operated by the
franchisor that are substantially the same as the franchised business and, if so, whether the
contribution is worked out in the same way as for a franchisee;
(c) how much the franchisee must contribute to the fund and whether other franchisees must contribute
at a different rate;
(d) who controls or administers the fund;
(e) whether the fund is audited and, if so, by whom and when;
(f) whether the fund’s financial statements can be inspected by, or will be given to, franchisees;
(g) the kinds of expense for which the fund may be used;
(h) the fund’s expenses for the last financial year, including the percentage spent on production,
advertising, administration and other stated expenses;
(i) whether the franchisor or its associates supply goods or services for which the fund pays and, if so,
details of the goods or services;
(j) whether the franchisor must spend part of the fund on marketing, advertising or promoting the
franchisee’s business.
A contribution to such a fund is not required of Franchisees.
13. PAYMENTS
Prepayments
13.1 If the franchisor requires a payment before the franchise agreement is entered into - why the money is
required, how the money is to be applied and who will hold the money.
(a) Application Fee
The sum of $550 (incl. GST) is required as an Application Fee for new franchisees and $275 (incl. GST) for an
application to relocate an outlet.
These fees are applied towards the administrative costs of processing the applications and will be held by us.
(b) Training Fees
The sum of $495.00 (incl. GST) for On-line Outlets to cover initial in house Induction Training for one week
followed by an amount in the sum of $825.00 (incl. GST) per person for approximately 40 hours training at an
Endorsed Training.
13.2 The conditions under which a payment will be refunded.
(a) Application Fee and Training Fee
The Application Fee and the Training Fees are fully refundable until the prospective franchisee has had this
Disclosure Document and the Agreement in the executable form for 14 days and the prospective franchisee
has provided us with a statement as required by Clause (11)(l) of the Code. The relocation fee is not
refundable in any circumstances.
Establishment Costs
13.3 Details of the range of costs to start operating the franchised business, based on current practice, for the
following matters:
(a) real property, including property type, location and building size;
Golden Casket Disclosure Document 2011
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