|
|
INITIAL INVESTMENT
|
NAME OF EXPENDITURE
|
ESTIMATED AMOUNT
|
WHEN DUE
|
METHOD OF
PAYMENT
|
WHETHER REFUNDABLE
|
TO WHOM PAYMENT IS MADE
|
INITIAL FRANCHISE FEE
|
$35,000
|
Upon signing the Franchise Agreement
|
Lump Sum, Check or Cash
|
Partially refundable under certain circumstances
|
Franchisor
|
REAL ESTATE/RENT
(1 MONTH)
|
$2,500-$6,000
|
As Incurred
|
As Agreed
|
No
|
Landlord
|
REAL ESTATE SECURITY DEPOSIT
|
$2,500-$6,000
|
As Incurred
|
As Agreed
|
Yes
|
Landlord
|
LEASEHOLD IMPROVEMENTS
|
$90,000-$195,000
|
As Incurred
|
As Agreed
|
No
|
Outside Suppliers
|
FURNITURE, FIXTURES, EQUIPMENT, SIGNS
|
$190,000-$245,000
|
As Incurred
|
As Agreed
|
No
|
Outside Suppliers
|
ARCHITECT
|
$8,500-$15,500
|
As Incurred
|
As Agreed
|
No
|
Architect
|
OFFICE EQUIPMENT
|
$2,500
|
As Incurred
|
As Agreed
|
No
|
Outside Suppliers
|
UTILITY DEPOSITS
|
$1,000-$2,000
|
As Incurred
|
As Agreed
|
Yes
|
Utility Companies
|
OPENING INVENTORY & SUPPLIES
|
$5,000-$10,000
|
As Incurred
|
As Agreed
|
No
|
Designated & Approved Suppliers
|
GRAND OPENING MARKETING
|
$3,000
|
As Incurred
|
As Incurred
|
No
|
Advertising Sources
|
TRAINING EXPENSES
|
$1,500-$5,000
|
As Incurred
|
As Incurred
|
No
|
Third Parties
|
INSURANCE
|
$400-$1,000
|
As Incurred
|
As Incurred
|
No
|
Insurance Company
|
Misc Expenses
|
$2,000-$10,000
|
As Incurred
|
As Incurred
|
No
|
Advisors and others
|
ADDITIONAL FUNDS-3MONTHS
|
$10,000-$15,000
|
As Incurred
|
As Incurred
|
No
|
Employees & Suppliers
|
TOTAL ESTIMATED INITIAL INVESTMENT
(excluding real estate purchase costs)
|
$350,000-$495,000
|
|
|
|
|
ONGOING
|
Royalties: 5%-8% Marketing: 2%
|
Weekly
|
Bank Transfer
|
No
|
Franchisor
|
|
