What does the initial investment include?
Type of Expenditure | Amount | Method of Payment | When Due |
---|---|---|---|
Initial Franchise Fee | $54,000-78,000 | Lump sum | At signing of Franchise Agreement |
Travel and Living Expenses While Training | $1,500-7,000 | As incurred | Before opening |
Inventory and Supplies | $500-1,000 | As incurred | Before opening |
Fixtures, Furniture, and Equipment | $2,000-3,000 | As incurred | Before opening |
Signage | $1,000-2,000 | Lump sum | Before opening |
Vehicles | $10,000-27,000 | Lump sum | Before opening |
Office and Warehouse Lease | $1,500-6,000 | As incurred | Monthly |
Leasehold Improvements | $0-5,000 | Lump sum | Before opening |
Prepaid Expenses/Insurance | $600-1,440 | Lump sum | Before opening |
Pre-Opening Payroll | $4,500-12,000 | Bi-weekly | As incured |
Additional Funds – 3 months | $14,250-33,000 | As incurred | Before opening |
TOTAL | $89,850-175,440 |