Investment & Financing

The estimated initial investment includes the following expenditures and their ranges:
Type of Expenditure Low High
Initial Franchise Fee $45,000 $45,000
Real Estate Services Fee $2,500 $2,500
Real Estate (Rent – First 3 months) $27,000 $62,500
Security Deposit $0 $20,000
Real Estate Improvements $668,800 $836,000
Computer and Point of Sales Hardware/Software $15,600 $15,600
Computer Software Installation and Training; First Year Subscription $8,500 $8,900
Gift Card Processing and Customer Service Surveys $677 $747
Restaurant Equipment, Furniture, Fixtures and Signage $452,993 $521,193
Utility Deposits $2,000 $5,000
Opening Inventory and Supplies $50,000 $72,270
Grand Opening Advertising $8,000 $15,000
Training Expenses $42,000 $64,000
Licenses – Alcoholic Beverages, Business and Health $6,000 $10,000
Insurance $3,000 $6,000
Legal $2,000 $6,000
Accounting Firm $8,500 $10,000
Reservation System $1,750 $3,500
Additional Funds - 3 months $85,000 $145,000
Total Estimated Initial Investment under the Franchise Program (Excluding Real Estate Purchase Costs) $1,429,320 $1,939,210
Development Fee (Fee to develop 2-5 Restaurants) $22,500 $90,000
Total Estimated Initial Investment under the Area Development Program (Excluding Real Estate Purchase Costs) $1,451,820 $1,939,210