Startup Costs

Type Of ExpenditureAmountMethod Of PaymentWhen DueTo Whom Payment Is To
Franchising Fee$30,000Cashier's checkUpon signing of Franchise AgreementUS
Leasing Costs$3,500 to $35,000As ArrangedBefore beginning operationsLessor; Other third parties
Utility Deposits$500 to $2,500As ArrangedBefore beginning operationsUtilities
Leasehold Improvements$143,000As ArrangedBefore beginning operationsContractors, Approved Suppliers, Designer, Architect
Furniture, Small wares, Millwork & Equipment$109,500 to $137,500As ArrangedBefore beginning operationsApproved Suppliers
Initial Inventory$20,000 to $30,000As ArrangedBefore beginning operationsApproved Suppliers
Insurance$3,000 to $8,000As ArrangedBefore beginning operationsInsurance Companies
Signage Interior and Exterior$10,000 to $28,000As ArrangedBefore beginning operationsSuppliers
Office Equipment and Supplies$200 to $500As ArrangedBefore beginning operationsSuppliers
Grand Opening Advertising$4,000 to $10,000As ArrangedFirst 3 months of operationsAdvertising Suppliers
Computer Equipment (Hardware/Software/POS System)$13,000 to $22,000As ArrangedBefore beginning operationsSuppliers
Training Expenses$15,000 to $25,000As ArrangedBefore beginning businessHotels, Airlines, Rental Car Agencies
Licenses and Permits$3,000 to $10,000As ArrangedBefore beginning businessLicensing Authorities
Legal and Accounting$1,500 to $3,000As ArrangedBefore beginning businessAttorney, Accountant
Beer and Wine Licenses (Optional)$3,000 to $30,000As ArrangedBefore beginning businessLicensing Authorities
Additional Funds (3 months)$10,000 to $40,000As ArrangedAs necessaryEmployees, Utilities, Lessor, Suppliers
TOTAL$376,200 to $527,500