Startup Costs
BASIC QUALIFICATIONS FOR FRANCHISE OWNERSHIP: Some basic qualifications for ownership are: Business ownership experience, active ownership or franchise ownership groups that include an operating partner, $250,000 liquid capital, $650,000 net worth and credit score of 680 or more.
*The high figure assumes substantial remodeling costs of the space not normally incurred and not previously usable by a food business, with little or no work performed or funded by the landlord.
Total Estimated Investment: $432,500 – $936,000
Initial Franchise Fee |
When: Upon Signing |
$35,000Pay to: Franchisor |
Rent/Real Estate |
When: Monthly |
$8,000 – $20,000Pay to: Landlord |
Fixtures, Furniture, & Equipment |
When: Before Opening |
$150,000 – $300,000Pay to: Vendors |
Point of Sale Equipment & Computers |
When Due: Before Opening |
$30,000 – $50,000Pay to: Vendors |
Leasehold Improvements |
When: Before Opening |
$75,000 – $300,000Pay to: Vendors/Contractors |
Signage |
When: Before Opening |
$7,000 – $15,000Pay to: Vendors/Contractors |
Initial Inventory |
When: Before Opening |
$52,000 – $80,000Pay to: Supplierss |
Grand Opening Advertising |
When: Before Opening |
$10,000 – $20,000Pay to: Advertisers |
Licenses & Permits |
When: Before Opening |
$1,500 – $3,000Pay to: Government Agencies |
Training |
When: Before Opening |
$2,000 – $5,000Pay to: Employees etc. |
Additional Funds (3 months) |
When: When Required |
$40,000 – $60,000Pay to: Vendors, Suppliers, Employees |