Initial Franchise Fee | $30,000—$30,000 | Check or wire transfer | Upon signing the franchise agreement | Us |
Rent (one month) | $4,000—$10,000 | Check | Upon signing lease | Landlord |
Lease Security Deposit | $4,000—$10,000 | Check | Upon signing lease | Landlord |
Utilities | $300—$2,000 | Check, debit, and/or credit | Upon ordering service | Utility providers |
Leasehold Improvements | $90,000—$190,000 | Check, debit, and/or credit | As incurred or when billed | Contractors |
Market Introduction Program | $5,000 to $10,000 | Check, debit, and/or credit | As incurred or when billed | Vendors |
Golf Simulators | $330,000 to $480,000 | Wire transfer or bank check | Upon ordering | X GOLF America, Inc. |
Furniture, Fixtures, Other Equipment | $44,000 to $75,000 | Check, debit, and/or credit | As incurred | Vendors |
Computer Systems | $1,000 to $3,000 | Check, debit, and/or credit | As incurred | Vendors |
Insurance (3 months) | $3,000 to $5,000 | Check | Upon Purchase | Insurance company |
Signage | $5,000 to $10,000 | Check, debit, and/or credit | Upon ordering | Approved suppliers and vendors |
Office Expenses | $1,000 to $2,000 | Check, debit, and/or credit | As incurred | Vendors |
Inventory | $5,000 to $7,500 | Check, debit, and/or credit | Upon ordering | Approved suppliers and vendors |
Licenses and Permits | $1,500 to $40,000 | Check | Upon application | Government |
Dues and Subscriptions | $400—$1,000 | Check, debit, and/or credit | As incurred or when billed | Vendors, trade organizations |
Professional Fees (lawyer, accountant, etc.) | $1,000—$3,000 | Check, debit, and/or credit | As incurred or when billed | Professional service firms |
Travel, lodging and meals for initial training | $2,000—$7,500 | Check, debit, and/or credit | As incurred | Airlines, hotels, and restaurants |
Additional funds (for first 3 months) | $20,00 to $30,000 | Varies | As incurred | Employees, suppliers, utilities |
Total | $547,200 to $916,000 | | | |