Once I start this journey what are the estimated expenses to open a Smoke the Burger Joint?
|Initial Franchise Fee||$ 30,000||-||$ 30,000|
|Training Expenses||$ 2,500||-||$ 5,000|
|Real Estate (Initial lease deposit)||$ 1,800||-||$ 7,500|
|Build-out Costs||$ 77,000||-||$360,000|
|Fixtures, Furnishings and Equipment||$ 80,000||-||$135,000|
|Opening Inventory||$ 5,500||-||$ 8,000|
|Insurance||$ 3,000||-||$ 6,000|
|Deposits, License Fees, Prepaid Expenses, Utilities||$ 4,500||-||$ 9,000|
|Liquor License/Beer and Wine||$ 1,500||-||$ 35,000|
|Pre-opening Expenses||$ 3,000||-||$ 6,000|
|G & A Expenses, Signage||$ 8,000||-||$ 25,000|
|Professional Service Expense||$ 1,000||-||$ 3,000|
|Additional Funds (for 3 months of operations||$15,000||-||$ 25,000|
|Estimated Total Ranges from||$232,800||-||$654,500
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. There are 15 US states that regulate the offer and sales of franchises. The US states are California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of one of these states, are receiving this message in one of these states, or intend to operate a franchise in any one of these states, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction.
This offering is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York Law does not constitute approval of the offering or the sale of such franchise by the Department of law or the attorney general of New York.
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