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 - 225,000$225,000 - $275,000
Net Worth Required:$300,000 $500,000
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$125,000$190,000$175,000$250,000
Equipment, Furniture, Fixtures & Signage$140,000$210,000$265,000$330,000
P.O.S. Systems & technology (Could be leased)$30,000$30,000$30,000$30,000
Professional Fees – Architect$10,000$20,000$15,000$25,000
Delivery Vehicle (Wrap and Carrier) (Car could be leased)$10,000$10,000$10,000$10,000
Sub Total$315,000$460,000$495,000$645,000


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$10,000$15,000$10,000$15,000
Professional Fees – Legal & Accounting$5,000$8,000$5,000$8,000
Inventory & Supplies to Begin Operating$9,000$18,000$15,000$24,000
Licences - Permits & Misc. Deposits$3,000$6,000$3,000$6,000
Insurance Premiums$3,000$6,000$4,000$6,000
Working Capital$15,000$20,000$25,000$40,000
Sub Total$85,000$118,000$102,000$144,000
Total$400,000$578,000$597,000$789,000

* Franchise Fee payable is $35,000 Canadian Dollars.