FRANCHISE PROSPECTUS

Measured by Performance

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Castle & Pryor was established in 1991 by the two principle Directors, Mark Castle and Graham Pryor after identifying the market changes in technology and the development of new initiatives that the diamond drilling and cutting industry was offering. This innovative philosophy has continued to today where Castle and Pryor is at the forefront of engaging with new technology and techniques to improve safety and efficiency in the diamond drilling, cutting and controlled demolition industries.

As such this successful business is offering opportunities for an individual or partnership to take on a management focused franchise and with a high demand for these services owning a successful Castle and Pryor franchise is very achievable with the comprehensive training and extensive support provided from the off-set and through-out what will be a long and profitable management venture.

The MarketAs a business to business venture a franchisee will work under the well-respected banner of Castle and Pryor, your clients will range widely from construction companies, local authorities, airports, rail, utilities, schools, hospitals, prisons, MOD, highways, the list is endless. Within these differing industries there is a mix of new builds, refurbishments, alterations and conversions. There are very few industries or construction projects that at some time wouldn’t need your services.

ABOUT CASTLE & PRYORCastle and Pryor are

a leading Diamond

drilling, cutting and

controlled demolition

company in the UK,

with over 23 years

of experience. We

hold an enviable

position in this sector

of the construction

industry as our brand

is well established and

highly reputable to

construction companies

and corporate business

that require our

expertise.

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Quality ApproachAt Castle and Pryor there are 3 main differentiators between our business and the competition, firstly we have a strict adherence to Health and Safety, protecting all our stakeholders; we use a professional HSE consultancy, where a franchisee would benefit from support and advice.

Secondly we deliver a high-level of integrity in the work that we complete, all franchisees will receive comprehensive training and support and lastly we have a highly trained and experienced senior management team with company longevity delivering a well organised and coordinated business.

• The Castle & Pryor project team and administration controls are based on the ISO 9001-2008 procedures.

• The workforce is CITB accredited, SMSTS, SSSTS, NVQ L2 accredited, CSCS (Blue card) trained, which meets the current Main Contractors group scheme to have a safer and professional environment.

• Castle and Pryor are members of constructionline, the drilling and sawing association, the contractors health and safety scheme (Chas) and have also

implemented formalised Health & Safety and Environmental policies utilising a private Health and Safety consultant.

• Castle and Pryor pride themselves as a thinking company, always looking at ways of improving what they do. With that in mind, they have some of the best specialist equipment the industry can offer. Well maintained within our workshops, the vehicle fleet and equipment is tested and documented to the ISO 9001-2008 standard, ensuring quality and reliability to their customers.

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THE CASTLE & PRYOR FRANCHISE OPPORTUNITY

Own and Build Your Business Diamond drilling and diamond cutting is regarded as a highly specialised service, as more than often precise results are required to meet the challenges faced on construction projects. The precise nature of diamond drilling means that accuracy can be delivered to overcome constraints often associated with refurbishment projects and new build projects. Diamond drilling technology as a whole has advanced at a rapid pace so much so all industries have benefited from these developments.

The Services – Diamond Drilling and CuttingDiamond drilling and cutting is commonly used for cutting through various surfaces including floors and walls both internally and externally. Surfaces may be constructed of concrete, reinforced concrete and various metals. Diamond drilling and cutting machines can drill or cut from as little as 6mmØ up to any dimension depending on the client requirement.

Contact 01252 524080

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Following the success

of the last 23 years,

Castle and Pryor are

now looking to

set-up individual Castle

and Pryor regional

operations throughout

the UK.

Making the franchise accessibleWhen creating the Castle and Pryor franchise we were conscious in trying to keep down the initial set-up costs to make a Castle and Pryor Franchise a realistic opportunity for many people. We have done this by keeping our Initial Franchise Fee low at just £5,000 plus VAT.

CASTLE & PRYOR FRANCHISE

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The Win–Win scenarioWe have chosen to expand Castle and Pryor through a network of franchisees as we believe that a crucial part of our success is down to the personal commitment of our staff. Having a network of franchisees that have their own Castle and Pryor regional business will create a perfect relationship of mutual benefit whereby our customers get an excellent service, our franchisees benefit directly from the hard work they put into their business, and we centrally benefit from economies of scale and the growth of the Castle and Pryor brand.

We have also structured our central revenue stream so that it is linked to your success. This means we have a real vested interest in all our franchisees succeeding – if you don’t succeed neither do we.

Could you be the next Castle & Pryor franchisee?Winning a Castle and Pryor franchise places you in the position to manage part of a growing and successful business, where, although you will receive practical training, you will also benefit in growing and managing your own business with the guidance and structure of senior executives within the diamond drilling and cutting sector. If you have an interest or passion within the DIY, construction or building arena and leadership and managerial skills then a Castle and Pryor franchise could be for you. Having a career in construction is not needed and in fact, a fresh approach and a new pair of eyes combined with a drive to succeed and work within an organised and coordinated support system is what’s really needed to ‘cut’ through any barriers and reach the heights of success.

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THE FRANCHISE PACKAGE

The Franchise Cost:

The total cost

of a Castle and

Pryor Franchise is

£17,500 plus VAT.

Franchise Licence Fee:The Castle and Pryor Franchise Licence Fee provides franchisees with 5 year renewable licence to operate as a Castle and Pryor franchisee; an exclusive territory where you will be the only Castle and Pryor in your area; a full franchisee training programme; and a detailed Operations Manual showing you how to run a successful Castle and Pryor franchise business.

Franchisee Initial Package: The Castle and Pryor Franchise Initial Package will provide franchisees with the IT systems required together with an initial supply of branded marketing material, stationery and uniform. We will also provide an initial marketing campaign to launch your Castle and Pryor business.

Working Capital:In any business it is important that there is sufficient working capital to support the day to day operation. Castle and Pryor franchisees will need an initial working capital facility of £5,000 to cover the delay between being paid for work (normally 30 days) and where you have to pay for costs upfront (e.g. staff) as well as allowing for any other miscellaneous costs you may have.

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FREQUENTLY ASKED QUESTIONSQ. Do I need to have

a background in Diamond Drilling?

A. No. We will train you in everything you need to know about how to run a successfully Castle and Pryor business including how to drill, saw and chase concrete. However as the franchisees role includes the franchisee concrete drilling, sawing and chasing the franchisee must be practically minded and physically fit. It will also be a distinct advantage if you have experience of working on constructions sites.

Q. Is it possible to finance part of the capital cost?

A. Yes. Most of the high street banks have a franchise department and are very supportive of franchising.

Q. Are there any other ongoing fees?

A. Yes. We charge a National Marketing Fee of 2.5% of your income net of VAT which is paid monthly. We also charge a Telemarketing & Enquiry handling fee to help franchisees secure business and handle enquiries when the franchisee is out on site.  We will waive this fee, but continue to provide this service for the first 6 months of a franchisees business to help the franchisee whilst they get their business established.

Q. Are the projected earnings guaranteed?

A. No. However, the projected earnings are a realistic estimate of what franchisees should earn and are based on actual performance. Successful Franchisees can earn in excess of the projections, however the ultimate success is down to each individual franchisee.

Q. What training is provided?A. Training is split between technical

training at our Head Office and practical training out on site.

Q. How much does training cost?A. The cost of the initial training is

included within the Franchise Licence Fee. The only items not covered are your own expenses that may include travel costs, accommodation and subsistence eg; meals.

Q. Can I sell my business in the future?

A. Yes, although we would always insist on ‘vetting’ any new franchisee to ensure they are right for the business and have the required skills and experience.

Q. What are the next steps?A. If you are interested in finding out

more about our Castle and Pryor Franchise opportunity franchise please contact us and request a “Franchise Application Form”.

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The information contained within this Franchise Prospectus is covered by both copyright and Intellectual Property laws. The information must be kept secret and confidential and must not be disclosed to anyone else or used by yourself for any purpose whatsoever

except to enable you to consider whether or not to become a Castle and Pryor franchisee

Castle & Pryor Ltd 4B Elles House, Invincible Road, Industrial Estate

Farnborough, Hampshire GU14 7QU

Tel: 01252 52 40 80Email: franchise@castle-pryor.co.uk

Web: www.castle-pryor.co.uk