THE INVESTMENT
GRAND OPENING MARKETING: $1,000-$2,000
franchise fee: $50,000
CONSTRUCTION + LEASEHOLD IMPROVEMENTS: $35,000-$110,000
INSURANCE PREMIUMS: $2,000-$5,000
UTILITIES, SECURITY DEPOSITS, BUSINESS LICENSES, + PROFESSIONAL FEES: $2,000-$8,000
FURNITURE + FIXTURES: $1,000-$10,000
ADDITIONAL WORKING CAPITAL (3 MONTHS): $16,000-26,000
OPENING INVENTORY + SUPPLIES: $1,000-$2,000
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
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre‑sale registration and disclosure requirements in your jurisdiction.