franchise fee: $50,000

GRAND OPENING MARKETING: $1,000-$2,000

TRAINING EXPENSES: INCLUDED IN INITIAL FEE

CONSTRUCTION + LEASEHOLD IMPROVEMENTS: $35,000-$110,000

FURNITURE + FIXTURES: $1,000-$10,000

UTILITIES, SECURITY DEPOSITS, BUSINESS LICENSES, + PROFESSIONAL FEES: $2,000-$8,000

OPENING INVENTORY + SUPPLIES: $1,000-$2,000

INSURANCE: $2,000-$5,000

ADDITIONAL FUNDS (3 MONTHS): $16,000-26,000

TOTAL ESTIMATED INITIAL INVESTMENT: $108,000-$213,000

ONGOING FRANCHISE FEES (% GROSS SALES):

5% ROYALTY FEE + 1% MARKETING FEE

MINIMUM FINANCIAL REQUIREMENTS:

$300,000 INDIVIDUAL NET WORTH + $100,000 IN LIQUID ASSETS