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NORWEST BUSINESS PARK | FITTED OUT OFFICE WITH BALCONY Norwest Business Park is a thriving business community strategically located with direct access to Sydney’s orbital motorway system providing easy access to the CBD, airport and Sydney’s manufacturing and distribution heartland. The Business Park has grown to accommodate over 20,000 employees with expansion expected to increase capacity to over 35,000 employees. This growth needed more infrastructure to accommodate the increase in people and there are 3 infrastructure projects currently underway to help service the area. These include the North-West Rail line (with two stations in Norwest - one at Norwest Boulevarde/Brookhollow Avenue, the other at Old Windsor Road/Celebration Drive), the upgrade of the Windsor Road entry to Norwest and the M2 upgrade. The Business Park has a wide range of space available accommodating companies such as Woolworths, Resmed, BBraun, Inchcape (Subaru) and Capital Finance and also a plethora of small and medium businesses.
It is also home to the new Hills Private Hospital. The Hills Shire has the highest proportion of businesses between 3-4 people and this is reflected by the amount of quality office space available between 50–150m2. In recognition of the key role the Norwest Business Park plays within the Hills Shire, the Hills Shire Council announced in mid 2012, it has exchanged contracts to purchase a freehold property, known as "C3" at 3 Columbia Court. The Council has modified the building for its needs and has taken up residency in Norwest. Norwest Business Park has grown into a full service, self sufficient area, which includes: Post office / Banks (Business and retail) Restaurants / bars and cafes Two shopping centres incorporating both a Woolworths and Coles supermarket, as well as the Bella Vista Totally Home bulky goods centre and a Bunnings Warehouse. Recreational lakes / Walking and Bicycle tracks Prior to the development of Norwest Business Park the majority of non-residential developers in the area had concentrated on purely industrial projects.
Norwest Business Park signified a major shift in development thinking; instead of developing properties for mainly industrial purposes, a significant proportion of office and retail space became part of the picture. A number of proposals to redevelop sites in the Business Park have been made, some of which include large scale high density residential development.  Accordingly, the Norwest Business Park will be an integrated precinct incorporating a wide range of business, leisure and residential uses. How does the latest Hills Corridor strategy report affect your property?* Some stores may vary. Please call your local store to confirm their opening hours.As the new operator of the Snap Fitness business in the Brisbane suburb of Carina, he acknowledges that livelihoods are on the line when purchasing a franchise.Heeding his previous experience and the advice of experts, Blackwell did plenty of due diligence before joining Snap Fitness, a fast-growing US franchise system now targeting the Australian market.
Launched in 2003, the chain now has about 1000 clubs in the US, Canada, Mexico, New Zealand, India and Australia."In any venture you undertake, do your homework and seek financial advice," Blackwell says.Franchises remain a popular form of small business in Australia and many performed strongly during the recent financial crisis.However, one of the tricks is knowing an appropriate price to pay.Snap Fitness franchises reportedly require an investment of between $125,000 and $400,000, according to the Franchise Council of Australia.Blackwell did not disclose the total cost of starting the business, but notes he paid $40,000 to reserve a territory and that there have been other upfront costs to fit out the club.business for sale ebbw valeThe key to a wise investment, according to Franchise Works founding director Tim Dixon, is focusing on how much the investment will return, rather than establishment costs."business for sale coffs
Everyone goes `How much is it?' rather than `How much can I make?' Who gives a whoopsie-doo about spending a million if you're going to make a couple of million?"At the same time, Dixon warns buyers not to overstate the revenue potential of their new business."There is a massive, massive difference between buying a new [franchise] and buying one that's existing," he says."If it's existing and it's turning over a certain amount of money and you are making, say, $150,000 profit, it's a pretty good indication [that is what you will earn]."business for sale jan kempdorpFranchise entry costs vary widely, with upfront fees ranging from tens of thousands to as much as $1 million.handyman services lake worth flAccording to the Franchise Council of Australia, investing in a KFC franchise could set you back upwards of $900,000, while The Coffee Club comes in at more than $350,000.If you have at least $300,000 you can buy into food retailers such as Sumo Salad or Eagle Boys Pizza.In the entertainment sector, Gametraders requires an investment of about $400,000.And at the lower end an upfront fee of $37,500 plus GST will grant you a franchise with HydroDog.Phil Blainhandyman services in orlando
, former national director of the Franchise Council of Australia and now with Business Development Company, says the upfront cost reflects that you are buying into a tried and tested brand name. "You are paying for not having to make those mistakes again yourself," he says.Another cost factor to bear in mind, Blain says, is the percentages, or royalties, paid to the franchisor."Unfortunately what happens is franchisees may look at one system that charges a 6 per cent royalty and another that charges 4 per cent and think that 4 [per cent] is a better option, and often it is not the case. business for sale mullThe questions to ask the franchisor are: What do I get for my money? business for sale oconomowoc wiWhat support am I going to get for this?"Blain notes that retail store 7-Eleven requires royalty payments of about 57 per cent.
This seems an enormous amount but, unlike most franchise systems, this model includes the franchisor paying rent and other fixed costs."The margins can be phenomenal, but there's also the big franchise graveyard," he says."You want to look at an industry that you know is still going to be around and surviving in 10 years from now."Adrian McFedries, managing director of franchising specialist DC Strategy Services, says the availability of financing from the major banks for proven systems has held up well despite the financial crisis.Potential franchisees, however, need to be acutely aware of what they are entering into."The majority of people coming into franchising have not owned their own business before," McFedries says.He advises newcomers to become thoroughly informed in relevant legal, financial and contractual matters, as some cut corners and waive their legal advice."They're entitled to waive it but it's absolutely ridiculous that they do. Invest the money and get the legal advice on the contract."