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

$35,000

Pay to: Franchisor

Rent/Real Estate

When: Monthly

$8,000 – $20,000

Pay to: Landlord

Fixtures, Furniture, & Equipment

When: Before Opening

$150,000 – $300,000

Pay to: Vendors

Point of Sale Equipment & Computers

When Due: Before Opening

$30,000 – $50,000

Pay to: Vendors

Leasehold Improvements

When: Before Opening

$75,000 – $300,000

Pay to: Vendors/Contractors

Signage

When: Before Opening

$7,000 – $15,000

Pay to: Vendors/Contractors

Initial Inventory

When: Before Opening

$52,000 – $80,000

Pay to: Supplierss

Grand Opening Advertising

When: Before Opening

$10,000 – $20,000

Pay to: Advertisers

Licenses & Permits

When: Before Opening

$1,500 – $3,000

Pay to: Government Agencies

Training

When: Before Opening

$2,000 – $5,000

Pay to: Employees etc.

Additional Funds (3 months)

When: When Required

$40,000 – $60,000

Pay to: Vendors, Suppliers, Employees

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