Mr. Edward Forrer, as the owner and also the founder of this retail company which started in 1989, runs the business of Shoes and Bags. Now Edward Forrer own 1 outlet in Sydney, Australia and 27 outlets in Indonesia.
Mr. Edward Forrer, as the owner and also the founder of this retail company which started in 1989, runs the business of Shoes and Bags. Now Edward Forrer own 1 outlet in Sydney, Australia and 27 outlets in Indonesia.
Edward Forrer aims at building up a big chain of a retail company with an excellent customer service in Indonesia and in the world. To achieve this, every store of Edward Forrer has standardized concepts, products and services. Edward Forrer is always interested in meeting people sharing the same idea with us, having a big ambition of their life, and feeling connected with excellence.
Edward Forrer is a great place where people enjoy being physically and spiritually healthy. Regarding to this, we welcome new members who want to be like us. To day we have grown our retail business successfully in Indonesia. Our decision to launch a franchising business strategy is based on our desire to develop our company. However, more importantly than developing our company, through this business strategy we want to gather people who have the same idea of retail business as we.
Initial investment will depend on the above category selected by a prospective franchisee:
Category A : Rp. 100.000.000,00 to Rp. 300.000.000,00
Category B : Rp. 300.000.001,00 to Rp. 600.000.000,00
Category C : Rp. 600.000.001,00 to Rp. 900.000.000,00
This investment covers expenses for:
Franchise fee for the first 5 years
Expenses for training and interior design
Computer & Audio equipments
First month store operation
Surveillance Camera
Traffic Controller
Employee Presence Record Machine
Permits
Initial promotion
etc
This investment does not include the expense for renting or buying business space and renovating store building.
The authorized capital on the above categories is not to be submitted to Edward Forrer totally. Some amount of it will be managed and used by the franchisee to pay for store interior design, permits, first inventory and other expenses related to preparation for store opening.
Return of Investment (ROI) will take 2 months up to 2 year, depending on the store location, revenue and Franchisee performance.
MODERN MONTESSORI INTERNATIONAL(INDIA) PVT.LTD. 
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