Application for Appointment as a Golden Casket Franchisee - Queensland

Description

You require a Franchise Agreement to operate as a Golden Casket lotteries outlet and to sell lottery products such as Instant Scratch-Its, Gold Lotto, Oz Lotto, Super 66, The Pools, Powerball and Set for Life.

Additional information is contained in Golden Casket's Disclosure Document and Franchise Information Kit.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements


To be appointed as a Golden Casket franchisee you must meet Golden Casket's franchise criteria (which are detailed in the Franchise Information Kit) and a number of legislative requirements.

Section 79 of the Lotteries Act prohibits Golden Casket from entering into a Franchise Agreement with an applicant unless:

  • the agreement is entered into in relation to a small business owned and controlled by the applicant and
  • the applicant is an eligible person to be a lottery franchisee.

Duration

All new Franchise Agreements are granted for a term of 5 years. However a franchisee may elect to terminate the agreement with 30 days notice. Golden Casket may only terminate the franchise agreement under certain circumstances set out in the franchise agreement.

Fees

Common Fees details for this service in table format.

Type Amount Description
Application $550.00

Change of ownership/transfer (incl $50.00 GST)

Application $825.00

New sites (incl $75.00 GST)

Act(s) name

Lotteries Act 1997 QLD

Regulation(s) name

Lotteries Regulation 2007 QLD

Application process

You can apply to become a Golden Casket Franchisee by completing an application form and submitting it to the Golden Casket with the application fee.

You can obtain copies of the Franchise Information kit, including the application form, from Golden Casket.

You must submit the completed application form together with any supporting documentation you consider relevant to the evaluation of your application.

The following is required after your conditional approval is granted but before the commencement of trade.

  1. 2 participants must successfully complete the two week training program:
    • 5 days at Golden Casket's Brisbane office for an All Products outlet at a cost of $495 (GST included) per participant.
    • a minimum of 40 hours at an Endorsed Training Outlet at a cost of $825 (GST included) per participant.
  2. Read Golden Casket's Disclosure Document and Franchising Code of Conduct and other supporting documents provided
  3. Seek independent legal, accounting and business advice about the franchise agreement or franchised business (if required)
  4. Sign the receipt and acknowledgement form (confirming that you have received the Franchising Code of Conduct Disclosure and Document that under law Golden Casket is required to give you at least 14 days prior to entering into an franchise agreement)
  5. Sign the Statement as to Advice of Franchisee (confirming that you have either sought independent legal, accounting and business advice about the franchise agreement or franchised business; or you have been told that such advice should be sought, but you have decided not to seek it)
  6. Sign the Golden Casket Franchise Agreement
  7. Install the current Retail Image prior to commencement.

Transfer

You can transfer your Franchise Agreement subject to Golden Casket's approval.

The transferee must meet the pre-requisites that a normal applicant would be required to meet, as outlined above.

You should advise Golden Casket of your intention to transfer your Franchise Agreement at least 60 days before the transfer takes place.

The transferee must submit an application form to Golden Casket Lottery Corporation Limited.

The transferee must lodge the application at least 60 days prior to the transfer taking place so that Golden Casket has adequate time to assess their application.

The transferee must complete the same steps as a normal applicant as set out above.

Administering agency

Golden Casket Lottery Corporation Limited

Lotteries Division

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Retail Franchise Co-ordinator

Golden Casket Lottery Corporation Limited

Operating address: 87 Ipswich Road
Woolloongabba, Queensland 4102
Mailing address: LOCKED BAG 7
Coorparoo, Queensland 4151
Phone: 07 3877 1117
Email: retailerapplications@tattslotteries.com
Website: Golden Casket (Opens in new window)