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

Startup Costs

Total Estimated Investment: $432,500 – $936,000

Initial Franchise Fee

$35,000

Rent/Real Estate

$8,000 – $20,000

Fixtures, Furniture, & Equipment

$150,000 – $300,000

Point of Sale Equipment & Computers

$30,000 – $50,000

Leasehold Improvements

$75,000 – $300,000

Signage

$7,000 – $15,000

Initial Inventory

$52,000 – $80,000

Grand Opening Advertising

$10,000 – $20,000

Licenses & Permits

$1,500 – $3,000

Training

$2,000 – $5,000

Additional Funds (3 months)

$40,000 – $60,000