Financials
Franchise Fee
The initial franchise fee of $25,000 is payable upon signing of franchise agreement,
Great Multi-Unit and Development Agent agreements available.
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.
