CHIPS Franchise Ltd UK Franchise Opportunity - Franchising information | ||
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  About usCHIPS, one of the UK's leading independent specialists, buys, sells and trades new & second-hand consoles, video games, accessories and DVDs. CHIPS was set up by Nik Agar and Don McCabe at the birth of the home computer boom in the mid 1980s and both have a very hands-on role in the day-to-day running of their retail empire. CHIPS started in the mid-1980s at the birth of the video games industry and now has seven company-owned stores, an award-winning e-commerce site and 18 franchised outlets in Skipton; Stafford; Norwich; Hartlepool; Arnold; Lytham St Annes; Chorley; Yeovil; Consett; Chester le-Street; Guisborough; Edinburgh; Chorlton; Portslade, Orpington, Stockton, Otley and Necastle-Under-Lyme, More stores are planned for 2005 in Scotland, Kent, London and Leicestershire. All are serviced by an expert team at recently revamped CHIPS headquarters in Middlesbrough. With its network of worldwide contacts, CHIPS can offer the latest and widest range of games available, at competitive prices. CHIPS offers games for PlayStation, Xbox, GameCube, and Game Boy, as well as a wide-range of retro games and accessories, both new and second-hand, for all enthusiasts. The expertise successfully mirrored throughout CHIPS stores has been gained over more than 18 years at the cutting edge of computer game technology.
CHIPS stores are staffed by enthusiastic, professional gamers, ever eager to assist, whatever your favourite - be it platform, fighting, racing, RPG, strategy, simulation or puzzle.  Franchise information
Are you:
CHIPS, one of the UK's leading independent video games retailers, is the first to franchise its highly successful formula across the country and now you have the chance to grab your very own shop-in-a-box.
The story so farCHIPS started in the mid-1980s at the birth of the video games industry and now has seven company-owned stores, an award-winning e-commerce site and 18 franchised outlets in Skipton; Stafford; Norwich; Hartlepool; Arnold; Lytham St Annes; Chorley; Yeovil; Consett; Chester le-Street; Guisborough; Edinburgh; Chorlton; Portslade, Orpington, Stockton, Otley and Newcastle-Under-Lyme. More stores are planned for 2005 in Scotland, Kent, London and Leicestershire. Each of CHIPS own company stores and franchise outlets buys, sells and trades all leading brands of consoles, games, accessories and DVDs. The video games industry has entered a new era with the launch of the next generation of consoles. Playstation2, Nintendo's GameCube and Microsoft's X-box are all vying for top slot and, with a host of exciting new games, business is booming. By the turn of the 21 Century the UK's leisure software market was worth £934.4m. Almost £600m was spent on consoles and hand-held game titles. By 2005 experts predict that the UK games market will have grown by 5% each year and you could be part of the action. What CHIPS offers you
How much will it cost?In total a fully-fitted, fully stocked store will cost in the region of £80,000, inclusive of VAT, depending on location. CHIPS does not charge a licence fee so in essence you are investing that money in yourself and your business. Bank finance is available (subject to status).Like many franchisors our income is related to the success of our franchisees and this is calculated as a percentage of sales. CHIPS charges a management services fee of 7%, a marketing fee of 2% of sales and a 1% stock distribution contribution. The management services fee covers the cost of providing ongoing support services whilst the marketing fees are paid into a separate bank account and used to fund marketing and promotional activity for the benefit of the whole network. Any stock bought via CHIPS Franchise Ltd from Chipsworld Ltd is on sale or return and the Stock Distribution Contribution contributes towards the cost of distribution and returning stock.
What's in it for me?In April 2004 the average store turnover for an established franchisee was between 275,000 and £300,000. The financial models developed for prospective franchisees show that this level of sales can produce a net trading profit of around £45,000 (before tax & personal drawings).
Will it suit?We are looking for franchisees who are able to give a full-time commitment to the business and work in it hands on.You don't have to be young or a computer whiz but you or family members will probably have an interest in computers and the video games market. You must be prepared to follow our tried-and-tested business format - but we are always looking for improvement and new ideas. You need to have a positive attitude and be enthusiastic about running your own business. As a retailer you must have good interpersonal skills, be prepared to work hard and have lots of commonsense. You need to be able to raise the necessary capital and you must have some cash of your own to put into the business. Still interested?Click here to request more information from CHIPS Franchise Ltd. New visitors:Please complete the short form below to request more information from CHIPS Franchise Ltd:Returning visitors: |
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