COST BREAKDOWN
Stall Fees: Stall fees are invoiced monthly via Xero. Late payment will incur a late payment fee of 1.5% of the total invoice value per day. When making payments electronically, please clearly identify your entry with invoice number.
The pricing structure below for each stall option is calculated per week and is ex GST.
Deposit: A one off, refundable deposit of $500 (no GST) is required to secure your booking. The deposit forms your contribution towards the Bank Guarantee. The Bank Guarantee is required by all 5-year Commercial Leases. GST is not payable on the bank guarantee contribution. You should make this deposit payment a minimum of 14 business days before bump in date. The deposit will be returned within 14 business days of bump out.
If your application is successful, you will be notified via email. Payment of the first month's invoice, payment of the refundable deposit and acknowledgment of the below Terms and Conditions, will comfirm your booking.
Administration Fee: Makers keep 100% of their own sales minus an administration/ service fee of 4% on gross sales. Card fees are passed onto the customer via a surcharge. Afterpay is 6% plus 30c per transaction. We are unable to pass on this fee to the customer unfortunately.
The administration fee encompasses insurance, packaging, marketing, administrative tasks, maintenance, legal expenses, bank charges, cleaning services, furniture, signage, and all other necessities essential for the operation of retail stores other than rent.
Rent Reviews: In accordance with the Lease Agreements with Scentregroup (Westfield) and Adelaide Arcade, the Lessor will review rent and contributions to advertising and promotional costs annually, on the anniversary of the Lease commencement date as listed below;
Westfield Marion: 1st January
Westfield Tea Tree Plaza: 24th April
West Lakes: 15th August
Adelaide Arcade: 1st March
These reviews will reflect an increase of CPI + 2.5%, as outlined in the Lease Agreement.
Any rent increases determined by the Lessor will be passed on to association members (The Makers).
Important Note:
Please keep in mind that this booking system is designed to treat all makers fairly and equitably. We recommend that you carefully consider your booking and notify us of any changes or cancellations as early as possible to minimise potential fees.
For more details, please read the cancellation policy in the Terms and Conditions section of this form.