Investment
Individual Unit Start-up Costs
This a Table estimates the expenses you should expect to incur to begin operation of an Individual BIG TOWN HERO franchise and to operate it during the initial three months.
|
EXPENDITURE |
AMOUNT |
PAYMENT METHOD |
WHEN DUE |
TO WHOM |
|
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|
Initial Franchise Fee |
$28,000 |
Cash |
When you sign the Franchise Agreement |
Us |
|
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|
Utilities Deposits and Payments |
$1,500 to $5,000 |
As Incurred |
As Incurred |
Landlord, Utility Companies and Suppliers |
|
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|
Architect Fees |
$500 to $6,000 |
As Incurred |
Before Opening |
Architect |
|
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|
Leasehold Improvements, Cabinets and Decor |
$50,000 to $200,000 ( |
As Incurred |
As Incurred |
Landlord or Independent Contractors |
|
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|
Office Furniture and Office and Computer Equipment |
$4,000 to $10,000 |
As Incurred |
Before Opening |
Suppliers |
|
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|
Menu/Signs |
$5,000 to $30,000 |
As Incurred |
Before Opening |
Suppliers |
|
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|
Franchise Premises Rent (security deposit and 3 months’ rent) |
$6,000 to $15,000 |
As Incurred |
As Incurred |
Landlord |
|
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|
Start-up Equipment
|
$50,000 to $100,000 |
As Incurred |
Before Opening |
Suppliers |
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|
Seating |
$4,000 to $12,000 |
As Incurred |
Before Opening |
Suppliers |
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|
Starting Inventory |
$3,000 to $8,000 |
As Incurred |
Before Opening |
Suppliers |
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|
Small Wares |
$2,000 to $4,000 |
As Incurred |
Before Opening |
Suppliers |
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|
Employee Wages (3 months) |
$6,000 to $12,000 |
As Incurred |
As Incurred |
Employees |
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|
Initial Advertising and Promotion |
$1,000 to $3,000 |
As Incurred |
Before and 90 days after Opening |
Us or as We Direct |
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|
Travel and Living Expenses While Training |
$1,000 to $5,000 |
As Incurred |
During Training |
Airlines, Hotels, Restaurants, etc. |
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|
Materials and Supplies |
$600 to $1,700 |
As Incurred |
Before Opening |
Us or Suppliers |
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|
Insurance |
$600 to $1,500 |
As Incurred |
Before Opening |
Insurers |
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|
Miscellaneous Opening Costs |
$1,950 to $7,500 |
As Incurred |
As Incurred |
Suppliers, Utilities, etc. |
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|
Additional Funds – 3 Months
|
$15,000 to $30,000 |
As Incurred |
As Incurred |
Employees, Suppliers, Utilities, etc. |
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|
TOTAL |
$180,150 to $478,700 |
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These figures are estimates only. It is possible to significantly exceed these figures and cost control is the responsibility of the franchisee. Big Town Hero provides specifications, guidelines and advice only.