Franchise Fee
The initial franchise fee of $50,000 is paid in three installments. $25,000 at signing of franchise agreement,
$12,500 at first anniversary date, $12,500 at second anniversary date.Summary of Estimated Expenditures
Description of Expenditures Estimated Amounts
Low
High
Rent $1,500
$3,000
Lease & Utility Security Deposit $2,000
$3,000
Leasehold Improvements* $50,000
$75,000
Equipment $30,000
$50,000
Fixtures $5,000
$10,000
Initial Inventory & Supplies $3,000
$3,000
Insurance $2,000
$4,000
Training $2,500
$4,000
Grand Opening Advertising $3,000
$3,000
Signage $2,000
$4,000
Working Capital $5,000
$ 10,000
Office Equipment and Supplies $1,000
$1,000
Miscellaneous Expenses $2,500
$5,000
TOTALS $109,500
$175,000
*Besides this total estimated cost, a Franchisee must consider additional construction costs which will vary in relation to square footage and type of store.
In addition, the cost of construction, leasing or purchasing real estate, the mechanical package, leasehold improvements, permits and licenses, etc. must be considered. All or part of these costs may be amortized by the landlord in rent payments. They could, however, be a part of your initial cash expense.
Product Quality
Being an owner-operator store, your commitment to maintaining product quality, store-cleanliness, efficient customer service and overall management control is ESSENTIAL. Like any other modern business system, ours requires continued management and supervision. Our intensified training program will give you the "tools"-you will have to work with them.
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