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Stu
Miller Opened his Village Soda Shop Franchise in
November, 1999 |
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Estimate
Costs to Open a Village Soda Shop Franchise
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High |
Low |
| Initial
Franchise Fee |
20,000 |
15,000 |
| Design
and Architectural Drawings |
6,000 |
1,500 |
| Initial
Training Expenses |
7,500 |
1,500 |
| Initial
Inventory of Food, Paper Products and
Miscellaneous Supplies |
5,000 |
3,000 |
| Construction
and Leasehold Improvements |
110,000 |
45,000 |
| Equipment
and Exhaust Package |
65 |
30 |
| Lease
Negotiations and Other Legal Expenses |
2,000 |
2,000 |
| Space
Lease (Security Deposit and First 3 Months' Rent) |
Varies |
Varies |
| Insurance |
2,500 |
2,500 |
| Uniforms |
1,000 |
1,000 |
| Advertising |
2,000 |
2,000 |
| Utility
Deposit, Business Licenses and Prepaid Expenses |
2,000 |
2,000 |
| Total* |
223,000 |
105,000 |
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*Based
on experience of franchisees which own and operate
stores. Additional funds equal 3 months operation
expenses, or approximately 45,000, may be required by a
new franchisee.
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Royalty
- 6% of Gross Sales
Marketing Development Fund - 1/2% of Gross Sales |
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Copyright © 2000 Jeff Garver and
Kevin Heath
All Rights Reserved |
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