| |
Estimated Cost |
Method of Payment
|
When
Due |
To Whom is the Payment Made
|
Refundability
|
| Initial Franchise Fee (1) |
$29,000 |
Cash |
When you sign the Franchise Agreement |
Us |
Non-refundable |
| Equipment, Furniture and Fixtures (2) |
$70,000 – $125,000 |
Cash |
50% on order; 50% on delivery |
Us |
Non-refundable |
| Real Property (3) |
$1,680 - $5,000 |
Monthly |
As Arranged |
Lessor |
Non-refundable |
| Leasehold Improvements; Construction
Costs (4) |
$10,000 - $20,000 |
Progress Payments |
50% on order; 50% on delivery |
Us |
Non-refundable |
| Signage (5) |
$1,000 - $2,200 |
As Arranged |
50% on order; 50% on delivery |
Us |
Non-refundable |
| Opening Inventory (6) |
$7,000 - $12,500 |
As Arranged |
50% on order; 50% on delivery |
Us |
Non-refundable |
| Grand Opening Advertising (7) |
$1,000 - $2,000 |
As Arranged |
As Incurred |
Suppliers |
Non-refundable |
| Pre-Opening Salaries, Travel and Initial
Training (8) |
$2,800 - $10,300 |
As Arranged |
As Arranged |
Suppliers of transportation, food, lodging |
Non-refundable |
| Insurance (9) |
$1,000 - $3,500 |
As Arranged |
As Incurred |
Insurers |
Non-refundable |
| Zoning Expenses (10) |
$100 - $500 |
As Arranged |
As Incurred |
Third Parties |
Non-refundable |
| Utility/Security Deposits (11) |
$0 - $7,000 |
As Arranged |
As Incurred |
Lessor, Utility Companies |
Refundable |
| Professional Fees (12) |
$500 - $4,000 |
As Arranged |
As Incurred |
Professionals |
Non-refundable |
| Miscellaneous (13) |
$1,000 - $10,000 |
As Arranged |
As Incurred |
Vendors |
Non-refundable |
| Costs/Site Selection (14) |
$0 - $8,000 |
As Arranged |
As Incurred |
Vendors |
Non-refundable |
| Royalties - 3 months |
Not Calculable |
Electronic Funds Transfer |
Monthly |
Us |
Non-refundable |
| Advertising Fees - 3 months |
Not Calculable |
Electronic Funds Transfer |
Monthly |
Us |
Non-refundable |
Additional Funds - 3 months (15)
|
$15,000 - $40,000 |
As Incurred |
As Incurred |
Third Parties |
Non-refundable |
| TOTAL (16) |
$139,180 - $279,000 |
