|
Initial Franchise Fee
|
$49,500 |
$49,500 |
The Initial Franchise Fee is $49,500 for a defined territory
which includes training and a web page. The Initial Franchise Fee
is non-refundable.
|
At signing of the Franchise Agreement
|
Franchisor
See Item 5
|
|
Technology
|
$7,000 |
$15,500 |
As incurred; for POS system, computer or laptop, tablet,
software, modem, routers, flat screen televisions, sound system,
camera surveillance system and telephones.
|
Before Opening
|
Payable to us, our affiliates, or approved vendors.
|
|
Kitchen, Equipment, Furniture and Fixtures
|
$50,000 |
$95,000 |
As incurred; actual costs will vary based on the size of your
facility. Estimated expenses are for all furniture and fixtures
necessary for the operation of your Business.
|
Before opening
|
Payable to our approved vendors.
See Note 1.
|
|
Real Estate Lease
|
$5,000 |
$12,000 |
As incurred; estimated expenses for your business location.
|
Before Opening
|
Landlord
See Note 2
|
|
Leasehold Improvements
|
$150,000 |
$300,000 |
As incurred; the costs to construct interior alterations,
improvements, lighting and decorating the facility will depend
on the extent of the renovations needed to convert space into
separate areas and any allowance you negotiate with the landlord
for construction.
|
Before Opening
|
Landlord
See Note 3.
|
|
Utilities
|
$1,500 |
$4,000 |
As incurred; the cost of the deposit will vary due to policies
of local utilities and is an estimate.
|
Before Opening
|
Local Utility Suppliers
See Note 4.
|
|
Signage
|
$5,000 |
$15,000 |
Lump sum; estimated cost for the delivery and installation of
interior and exterior signage including window graphics. We
specify and provide you with signage guidelines in the Operating
Manual. Signage expenses are not refundable.
|
Before Opening
|
Approved Vendors
See Note 5.
|
|
Architectural Drawings
|
$4,000 |
$15,000 |
As Incurred
|
Before Opening
|
Architect
|
|
Start Up Inventory
|
$8,650 |
$12,200 |
Lump sum; estimates for a startup inventory of products and
supplies necessary for your first month of operation.
|
Before Opening
|
Payable to us, our affiliates, or approved vendors
See Note 6.
|
|
Grand Opening
|
$7,500 |
$10,000 |
As Incurred
|
Before Opening
|
Payable to our approved vendors.
See Note 7.
|
|
Décor and Design
|
$4,700 |
$7,300 |
As incurred; actual costs will vary based on the size of your
facility. Estimated expenses are for all décor/equipment
necessary for the operation of your Business.
|
Before Opening
|
Payable to our approved vendors.
See Note 8.
|
|
Staffing
|
$6,500 |
$11,600 |
As Incurred
|
Over the course of your first month of operation
|
Salaries and Expenses
|
|
Uniforms
|
$750 |
$1000 |
Lump sum; this is an estimate for a minimum inventory of 20
logoed shirts. Costs will vary depending on the number of
employees you hire.
|
Before Opening
|
Payable to us, our affiliates, or approved vendors
|
|
Insurance
|
$1,200 |
$2,025 |
As incurred; before commencing operations of your Business and
as required by the insurance company. Estimate excludes workers’
compensation insurance.
|
Spent over the course of twelve months
|
Payable to third parties;
See Note 9.
|
|
Travel, Lodging and Meals for Initial Training Program
|
$1,200 |
$2,400 |
As incurred; training held at corporate headquarters. You are
responsible for all costs associated with attending such as
travel, room, and board. Estimate provided are costs for one
person. Additional training is available at your request for
which an additional training fee of up to $200 per person per
day may be required.
|
As Incurred
|
See Item 10
|
|
Licenses, Permits, Certifications and Other Professional Fees
|
$1,500 |
$3,500 |
As incurred; licenses, permits and certifications required to
operate your Business and any professional legal and accounting
fees incurred.
|
Before Opening
|
Appropriate licensing authorities and Third Parties.
See Note 10.
|
|
Site Selection & Construction Coordination
|
$18,000 |
$18,000 |
Paid in installments portion due upfront, remainder due before
opening.
|
Before Opening
|
Stone Commercial
See Note 11.
|
|
Operating Expenses and Additional Funds
|
$8,000 |
$15,000 |
As incurred; additional funds necessary for startup of your
Business which includes working capital.
|
Spent over the course of first three months
|
See Note 12.
|
