|
INITIAL
INVESTMENT
The following chart provides an estimate of your initial investment
for one Restaurant based on our experience. All fees and payments
are non-refundable, unless otherwise stated or permitted by the
payee.
|
|
Description
of Fee Expense
|
Estimated
Cost
Or Range
|
Method
of Payment
|
When
Due
|
To
Whom Made
|
| Initial Franchise Fee1 |
$20,000
|
Lump Sum
|
When you sign the Franchise Agreement
|
MTP
|
| Lease Deposit2 |
$4,000 $8,000
|
Lump Sum
|
When you sign Lease
|
Landlord
|
| Leasehold Improvements3 |
$26,500 $53,800
|
As Agreed
|
As Incurred
|
MTP or Supplier
|
| Equipment, Fixtures and Furnishing4 |
$107,000 126,000
|
Lump Sum
|
As Incurred
|
MTP or Supplier
|
| Permits & Licenses5 |
$500 $1,000
|
As Incurred
|
As Incurred
|
Governmental Authorities
|
| Signs6 |
$3,000 $4,800
|
As Agreed
|
As Incurred
|
MTP or Supplier
|
| Prepaid Insurance Premium7 |
$1,200
|
Lump Sum
|
As Incurred
|
Insurance Carrier/Broker
|
| Initial Inventory and Miscellaneous Supplies8 |
$6,000-$9000
|
Cash on Delivery
|
As Incurred
|
MTP or Supplier
|
| Grand Opening Advertising9 |
$2,500
|
Lump Sum
|
14 days before to 30 days after
Opening
|
MTP or Supplier
|
| Training10 |
$0 $2,000
|
As Incurred
|
As Incurred
|
Suppliers
|
| Utility Costs and Deposits11 |
$500 $1,500
|
As Agreed
|
As Agreed
|
Utility and Telephone Companies
|
| Additional Funds - 3 months12 |
$7,500 $18,000
|
As Incurred
|
As Incurred
|
Your Employees, Suppliers and
Creditors
|
| Total |
$178,700
$247,800 |
|
|
|