FRANCHISEE FINANCIAL QUALIFICATIONS

Below, please find a basic info chart that details a potential franchisee's financial qualifications.

Franchisee Financial QualificationsProntoFull Size
Liquid Capital Required:$150,000$250,000
Net Worth Required:$400,000 $600,000
Financial Assistance:Available Via 3rd Party Lenders
Total Investment Range$275,000 - $375,000$371,000 - $744,000

RESTAURANT OPENING COSTS

Build out cost for a new franchise restaurant & other related expenses.

Build OutProntoFull Size
 Low EstimateHigh EstimateLow EstimateHigh Estimate
Lease, Construction & Leasehold Improvements$131,500$180,000$180,000$295,000
Equipment, Furniture, Fixtures & Signage$175,000$235,000$260,000$365,000
P.O.S. Systems & technology (Could be leased)$27,000$27,000$27,000$27,000
Professional Fees – Architect$10,000$20,000$15,000$25,000
Delivery Vehicles (leased)----
Sub Total$343,500$462,000$482,000$712,000


Other Related ExpensesProntoFull Size
 Low EstimateHigh EstimateLow EstimateHigh Estimate
Initial Franchise Fee$35,000$35,000$35,000$35,000
Grand Opening Advertising$5,000$10,000$5,000$10,000
Training Expenses$5,000$8,000$8,000$12,000
Professional Fees – Legal & Accounting$4,000$6,000$4,000$8,000
Inventory & Supplies to Begin Operating$8,000$15,000$9,000$24,000
Licences - Permits & Misc. Deposits$3,000$6,000$4,000$6,000
Insurance Premiums$2,000$4,000$3,000$6,000
Working Capital$10,000$15,000$15,000$25,000
Sub Total$72,000$99,000$83,000$126,000
Total$415,500$561,000$565,000$838,000