FRANCHISEE FINANCIAL QUALIFICATIONS

Below, please find a basic info chart that details a potential franchisee's financial qualifications.

Franchisee Financial QualificationsProntoFull Size
Liquid Capital Required:$175,000$250,000
Net Worth Required:$400,000 $600,000
Financial Assistance:Available Via 3rd Party Lenders
Total Investment Range$418,800 - $718,200$328,800 - $424,200

RESTAURANT OPENING COSTS

Build out cost for a new franchise restaurant & other related expenses.

Build OutProntoFull Size
 Low EstimateHigh EstimateLow EstimateHigh Estimate
Lease, Construction & Leasehold Improvements$175,000$225,000$225,000$295,000
Equipment, Furniture, Fixtures & Signage$225,000$295,000$325,000$365,000
P.O.S. Systems & technology (Could be leased)$32,000$32,000$32,000$32,000
Professional Fees – Architect$10,000$20,000$15,000$25,000
Delivery Vehicles (leased)----
Sub Total$442,000$572,000$597,000$717,000


Other Related ExpensesProntoFull Size
 Low EstimateHigh EstimateLow EstimateHigh Estimate
Initial Franchise Fee$35,000$35,000$35,000$35,000
Grand Opening Advertising$5,000$10,000$5,000$10,000
Training Expenses$6,000$10,000$8,000$12,000
Professional Fees – Legal & Accounting$5,000$8,000$5,000$8,000
Inventory & Supplies to Begin Operating$9,000$18,000$9,000$24,000
Licences - Permits & Misc. Deposits$3,000$6,000$3,000$6,000
Insurance Premiums$3,000$6,000$3,000$6,000
Working Capital$15,000$20,000$25,000$40,000
Sub Total$81,000$113,000$93,000$141,000
Total$523,000$685,000$690,000$858,000

* Franchise Fee payable is $26,000 US Dollars and assumption has been made for an approximate conversion of 1.36 CND