Estimated Total Costs Breakdown:
Type of Expenditure | Low | High |
---|---|---|
Initial Franchise Fee: | $65,000 | $65,000 |
Vehicle | $1,500 | $5,000 |
Real Estate and/or Leasehold Improvements | $0 | $3,000 |
Equipment & Supplies | $2,500 | $7,500 |
Insurance | $2,000 | $5,000 |
Signage | $3,000 | $4,000 |
Technology Fee | $5,000 | $5,000 |
Grand Opening | $2,500 | $5,000 |
Training Expenses | $2,600 | $4,600 |
Licenses/Bonds | $100 | $1,500 |
Professional Fees | $1,500 | $3,000 |
Additional Funds (3 months) | $22,500 | $40,000 |
Total Estimated Initial Investment | $108,200 | $148,600 |