FOCO - Franchise Owned Company Operated
What is the FOCO partnership model?
In the FOCO partnership model with Celectric, the investor (franchise) shouldered the initial setup cost, while Celectric manages the operational expenses. The profit-sharing arrangement can follow a predetermined fixed proportion or be apitaliz according to their agreement.
Who can opt for it?
FOCO is the most lucrative choice for those who own land near a road. Transform your property into an EV supercharging station to attract valuable EV users. By establishing this station, you have the opportunity to generate revenue not only from charging services but also from additional amenities offered within your facility.
How does it work ?
- Celectric operates the charging station.
- The investor (franchise) is responsible for overseeing the day-to-day business operations.
- The investor and host share profits based on their mutually agreed terms.
Why is the FOCO partnership model the best for you?
- Celectric assumes responsibility for operational costs, encompassing equipment, branding, and land leasing.
- Investors receive a predetermined share of the profits, ensuring consistent returns regardless of variations in net profit.