Normally yes, but even if you don't have it, it's not an impediment to growing this business together. The franchise can be sold to a natural person and the platform will run through a company from the Borderless group and the related profit will be transferred to your personal account directly by the UK company. It is good to know that once the turnover reaches a threshold defined for each country, it is necessary to establish an SRL in which you will own 50% and the difference will go back to the Borderless group.

The franchise price for each individual country varies according to the analyzes made by the Borderless group regarding the potential in that country, taking into account several things such as: the number of stores for expats, the number of manufacturers, population, density, transport infrastructure, customs regime, etc.

First of all you need to be fluent in the language of the country you are applying to, this is because your job as a franchisee is to keep in touch with suppliers and customers in the country you are applying for. Secondly, you must be able to allocate enough time daily to develop this business and preferably have experience in trading.

Everything! First of all, decades of experience in procurement, trade, logistics, imports and exports are transferred to you through integrated technical solutions. You also receive quality one-on-one training, delivered with patience and covering all aspects of an automated cash & carry business. 1 to 1 specialized training The right to use our brand in the chosen country and to represent our interests at group level The right to exploit IT solutions and the assigned domain (eg: cashcarry.ro) Access to our logistics network Access to the list of collaborating suppliers and purchase prices The right to vote at group level The right to contact suppliers from Cash Carry by Corrios The right to set selling prices in the relevant market 50% of the gross profit generated by Cash Carry by Corrios in the chosen country

Normally a few weeks depending on the chosen market, this is because our system is based on the transport network we have in that country and how active it is but, very likely this network already exists and we either have collaborators , or BidTrans already have representatives in that country. Local producers in the main product categories sold by Cash Carry by Corrios must also be identified and their information and products entered into the system. In order to integrate suppliers into our platform you will be closely guided on how to find potential suppliers and how to choose the best one for our infrastructure.

The transport part is fully provided by Cash Carry by Corrios through the partnership with BidTrans, all the goods being shipped EXW (see incoterms). In phase one of integration, if we do not already have a warehouse in country, you may be asked to assist in discussions with a logistics center in the capital of the chosen country. These warehouses can normally provide the eFulfillment part, storage and cross-docking The delivery of the goods can be done either from the warehouse or directly from the supplier, based on some algorithms the system decides each case and which type of vehicle will be used for transport. For security reasons we do not accept carriers outside the BidTrans platform.

The sale of the products sold by Cash Carry by Corrios is done exclusively through the platform and we offer several delivery possibilities:

• Delivery to street stores
• Delivery to restaurants, hotels and guesthouses
• Drop Shipping
• Amazon Wholesale

Note: We do NOT sell products to individuals

Having access to the entire market in the European Union, Great Britain, Moldova and India we can offer our customers a very varied range of products, below we will exemplify how cross-selling works and how the profit is shared between franchisees. EXAMPLE: The Hungarian franchisee finds a supplier of flour at £0.50 / Kg, the offer is sent to all other franchisees who have the duty to analyze the local market for this product, if the price is competitive and the product is of quality, it is added of it in the platform. The selling price in each country varies, so as an example in Moldova it can be sold for £0.90 / Kg, in England for £1 / Kg. Suppose that 1 kg of flour is sold in Moldova for the price of £0.90, the gross profit of £0.40 is divided between the two countries (Hungary - £0.20; Moldova - £0.20). The shipping price is calculated separately according to the volume ordered by the final reseller.

If things don't go as well as you'd expect you can sell the franchise to another company (requiring our written approval) or sell it back to the parent company at the purchase price.

To apply for one of our franchises you must participate in an interview after which we will decide if we want to collaborate with you, considering that there is only one franchise per country we reserve the right to collaborate only with people we consider can help us grow in that country. Afterwards, a franchise contract will be drawn up which you have to sign, the cost of the franchise is paid when the contract is signed.