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Franchise Investment

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Jones the Grocer

Reference ID: 1779

US$ 600000

Franchise Investment

Introduction

Jones the Grocer is a gourmet food emporium that aims to inspire and excite the imagination of food lovers.

Franchise Description


Jones the Grocer is a gourmet food emporium that aims to inspire and excite the imagination of food lovers.


Jones the Grocer was first established in Woollahra, Sydney, Australia in 1996. The brand was acquired in 2005 by Australian distributor Senselle Foods who then embarked on international expansion. A Singapore flagship store opened to critical acclaim in 2007.


In 2008 JTG Holdings Ltd signed a master franchise agreement for the UAE and the first store opened in Abu Dhabi in 2009. The tremendous success of this first store led to a rapid rollout across the UAE with five stores trading in the first three years.  There are a total of 13 stores in the GCC and a further 6 stores in Singapore, Thailand, New Zealand and Australia.


In 2012 the Jones the Grocer brand was acquired by L Capital Asia – A private equity fund backed Louis Vuitton Moet Hennessey (LVMH). In 2016, L Capital Asia acquired a significant minority in JTG Holdings Ltd and concurrently Jones the Grocer’s global intellectual property was acquired by JTG Holdings Ltd.


2016 has been a year of strong franchise growth for jones the grocer with 9 new franchised stores in the pipe line including stores at Dubai and Abu Dhabi airport.


Jones the G...


Type

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Retail > Home Furnishings / Furniture

Origin

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United Arab Emirates

Since

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20+ years

Area

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(Sq Ft)

Available Areas

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Worldwide

Operational Outlets

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20

Royalty fee

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8 %

Franchise Fee

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US$ 120,000

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