Initial Franchise Fee |
$25,000-$59,500 |
Lump Sum |
Prior to Execution of Franchise Agreement |
The Company |
Travel and living expenses while attending initial training |
$1,000-$2,000 |
As Incurred |
During Initial Training |
Airlines, Hotels, and Restaurants |
Real Estate |
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Opening Inventory |
$4,000-$6,000 |
Lump Sum |
Prior to Opening |
Suppliers |
Fixtures and Equipment (including computer equipment) |
$58,000-$68,000 |
Lump Sum |
Prior to Opening |
Contractors and/or Suppliers |
Leasehold Improvements |
$75,000-$115,000 |
Lump Sum |
Prior to Opening |
Contractors and/or Suppliers |
Supplemental Services Fee |
$3,000-$5,000 |
Lump Sum |
Prior to Opening |
The Company |
Professional Fees |
$1,000-$5,000 |
As Incurred |
Prior to Opening |
Suppliers |
Permits and Licenses |
$1,000-$3,500 |
As Incurred |
Prior to Opening |
Local and State Agencies |
Lease Deposit |
$0-$10,000 |
Lump Sum |
Prior to Opening |
Landlord |
Signage |
$4,000-$8,000 |
Lump Sum |
Prior to Opening |
Suppliers |
Miscellaneous Opening Costs |
$3,000-$5,000 |
As Incurred |
As Incurred |
Suppliers, Utilities, etc. |
Insurance |
$1,300-$2,500 |
Lump Sum |
Prior to Opening |
Insurance Company |
Grand Opening Advertising |
$30,000 |
Lump Sum |
Prior to Opening |
The Company |
Additional Funds - 6 months |
$40,000-$75,000 |
As Incurred |
As Needed |
Employees, Creditors and/or Suppliers |
Total |
$246,300-$394,500 |
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