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) $20,000 $68,750
  • Security Deposit $10,000 $20,000
  • Real Estate Improvements $445,000 $666,000
  • Computer and Point of Sales Hardware/Software $8,600 $20,500
  • 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 $265,200 $334,192
  • Utility Deposits $2,000 $5,000
  • Opening Inventory and Supplies $25,000 $50,000
  • Grand Opening Advertising $8,000 $15,000
  • Training Expenses $29,000 $50,000
  • 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) $984,227 $1,466,089
  • Development Fee (Includes $45,000 Initial Franchise Fee for the first Restaurant) $22,500 $90,000
  • Total Estimated Initial Investment under the Area Development Program (Excluding Real Estate Purchase Costs) $1,006,727 $1,556,089