|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|||
|
|
|
|||||||
|
|
|
|
|||||
|
|
|
|
|
||||
|
|
|||||||
|
||||||
 |
|
| Minimum Financial Requirements per Unit (individual or combined through partnership) |
|
|
|
|
|
|
 |
Franchise Fees |
• $20,000 – 1st unit• $15,000 – Each additional unit |
|
|
|
|
| Financing | |
• 3rd party Financing• You are required to contribute at least 30% of the total investment in liquid cash. These funds are not generated from 401K or IRA liquidation, or by securing Home Equity Loans or Lines of Credit. Franchisees are welcome to secure financing for up to 70% of the investment with a lending institution of their choice.Click Here to download the Franchise Application. |
|
| Name of Expenditure | Low | Medium | High |
| Initial Franchise Fee * | $15,000 | $20,000 | $20,000 |
| Rent | $3,000 | $4,000 | $6,000 |
| Utility & Security Deposits | $3,500 | $4,500 | $6,500 |
| Leasehold Improvements | $65,000 | $80,000 | $98,000 |
| Equipment | $44,000 | $58,000 | $64,000 |
| Point of Sale System & Electronics | $12,500 | $16,000 | $20,000 |
| Fixtures | $18,500 | $22,000 | $25,000 |
| Initial Inventory & Supplies | $3,500 | $4,000 | $4,500 |
| Insurance | $800 | $1,000 | $1,300 |
| Training | $3,000 | $5,000 | $8,000 |
| Grand Opening Advertising | $3,000 | $4,000 | $5,000 |
| Signage | $7,000 | $10,000 | $16,000 |
| Working Capital | $12,000 | $14,000 | $18,000 |
| Tax, Licenses and Insurance Deposits | $1,000 | $1,500 | $2,000 |
| Plans, Specifications, Professional and Legal Services | $3,500 | $4,500 | $6,000 |
| Municipal Permits | $2,000 | $4,000 | $20,000 |
| Lease Review | $0 | $2,500 | $3,000 |
| Additional Funds | $2,000 | $3,500 | $5,000 |
| TOTAL | $199,300 | $258,500 | $328,300 |
