| Type of Expenditure |
Amount |
| Initial franchise fee (1) |
$30,000 |
| Training expenses (2) |
$10,000 to $25,000 |
| Grand opening marketing |
$5,000 to $10,000 |
| Real estate/3 months’ rent (3) |
$3,000 to $10,000 |
| Security deposit (3) |
$1,000 to $5,000 |
Construction, remodeling, leasehold improvements and
decorating costs(4) |
$50,000 to $150,000 |
| Furniture, fixtures, other fixed assets and equipment (5) |
$25,000 to $100,000 |
| Signage (interior and exterior) |
$3,000 to $10,000 |
| Opening inventory and supplies |
$5,000 to $15,000 |
| Insurance |
$1,000 to $7,500 |
| Licenses and permits |
$1,000 to $3,000 |
| Miscellaneous Opening Costs (6) |
$5,000 to $10,000 |
| Additional funds – 3 months (7) |
$1,000 to $25,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT (8) |
$140,000 to $400,500 |
