| Type of Expenditure |
Amount |
Method of Payment |
When Due |
To Whom Payment Is To Be Made |
| Initial Franchise Fee |
$36,000 |
Lump sum |
When you sign the franchise agreement |
Franchisor |
| Travel, living expenses for initial training |
$0 - $4,690 |
As incurred |
Before or during initial training |
Airlines, hotels, restaurants, etc |
| Curricula and testing materials |
$19,557 - $20,157 |
As incurred |
Before opening |
Vendors and Franchisor |
| Furniture, computers |
$35,559 - $40,359 |
As incurred |
Before opening |
Vendors and Franchisor |
| Start-up supplies |
$3,700 - $5,700 |
As incurred |
Before opening |
Vendors and Franchisor |
| Advertising |
$19,235 |
As incurred |
As arranged |
Vendors and Franchisor |
| Training and Technology Initial Fee |
$6000 |
Lump sum |
When you sign the Franchise Agreement |
Franchisor |
| Training and Technology Fee |
$380 |
Lump sum |
Begin 3rd month after the Agreement Date |
Franchisor |
| Architect |
$0 - $3,200 |
As incurred |
As arranged |
Vendors |
| Security and utility deposits, license fees |
$500 - $3,000 |
As incurred |
As arranged |
Landlord, ulitities |
| Real estate and improvements |
$0 - $77,000 |
As incurred |
Before opening |
Vendors |
| Exterior sign |
$500 - $7,500 |
As incurred |
Before opening |
Vendors |
| Interior Graphics |
$2,175 - $5,875 |
As incurred |
Before opening |
Vendors |
| Professional fees |
$500 - $3,000 |
As incurred |
As arranged |
Vendors |
| Loan facility fee |
$1,625 - $6,500 |
As incurred |
As arranged |
Vendors |
| Additional funds - three months |
$22,286 - $24,476 |
As incurred |
As arranged |
Employees, vendors |
| Total estimated initial investment for a Franchised Business |
$148,017 - $263,072 |
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