Item | Estimated Amount (in USD) | When Due | To Whom Payment is to Be Made |
Low | High |
Initial Franchise Fee | $30.000 | $30.000 | When you sign the Franchise Agreement | Franchisor |
Real Estate Lease (Rent and Security Deposit) | 188 | 3.750 | Before Beginning Operations | Landlord |
Utility Deposits | 0 | 3.500 | Before Beginning Operations | Utilities |
Leasehold Improvements | 7.000 | 15.000 | Before Beginning Operations | Outside Suppliers |
Insurance | 1.500 | 4.000 | Before Beginning Operations | Insurance Company |
Equipment, Furniture, and Fixtures | 20.000 | 77.000 | Before Beginning Operations | Approved Supplieris, Outside Suppliers |
Training Expenses | 2.500 | 5.000 | During Training | Airlines, Hotels, and Restaurants |
Initial Inventory | 5.000 | 10.000 | Before Beginning Operations | Franchisor, Affiliate, Approved Suppliers, Suppliers |
Office Equipment and Supplies | 2.000 | 7.000 | Before Beginning Operations | Approved Suppliers, Suppliers |
Computers & Software | 4.700 | 6.000 | Before Beginning Operations | Approved Suppliers, Suppliers |
Signage | 5.000 | 8.000 | Before Beginning Operations | Approved Suppliers |
Grand Opening Fee | 7.000 | 10.000 | First 3 months of operation | Advertising Suppliers |
Licenses and Permits | 500 | 2.000 | Before Beginning Operations | Licensing Authorities |
Legal and Accounting | 3.000 | 10.000 | Before Beginning Operations | Attorney, Accountant |
Dues and Subscriptions | 0 | 1.000 | Before Beginning Operations | Approved Supplieris, Suppliers |
Additional Funds- 3 months working capital | 10.000 | 30.000 | First 3 months of operation | Landlord, utilities, providors, suppliers, and other operating expenses |
TOTAL | $98.388 | $222.250 |