Start-up Costs
This Table estimates the expenses you should expect to incur to begin operation of an Individual BIG TOWN HERO franchise and to operate it during the initial three months.
 
EXPENDITURE AMOUNT PAYMENT WHEN DUE TO WHOM


Initial Franchise Fee $20, 000 Cash At execution of Us
      Franchise Agreement

Utilities Deposits and Payments $500 to $1,000 As Incurred As Incurred Landlord, Utility
       

Companies & Suppliers

 
Architect Fees $500 to $6,000 As Incurred Before Opening Architect
 

Leasehold Improvements, Cabinets and Decor $10,000 to $100,000 As Incurred As Incurred Landlord or Independent Contractors
 

Office Furniture and Office $4,000 to $10,000 As Incurred Before Opening Suppliers
and Computer Equipment

 

Menu/Signs $4,500 to $15,000 As Incurred Before Opening Suppliers
 

Franchise Premises Rent (deposit plus 3 months rent) $6,000 to $11,000 As Incurred As Incurred Landlord
 

Start-up Equipment Lease $7,000* to $29,000 As Incurred Before Opening Suppliers
(per Operations Manual) (*If leased)

 

Seating $4,000 to $12,000

As Incurred

Before Opening

Suppliers

 

Inventory $2,500 to $3,900 As Incurred Before Opening Suppliers
(per Operations Manual)

 

Small Wares $2,000 to $2,400 As Incurred Before Opening Suppliers
 

Initial Advertising and Promotion $700 to $2,400 As Incurred Before and 90 days after Opening As We Direct
 

Travel and Living Expenses $200 to $4,500 As Incurred During Training Airlines, Hotels, Restaurants, etc.

While Training

 

 

Materials and Supplies

$100 to $1,000 As Incurred Before Opening Us or Suppliers

 

Insurance

$600 to $1,500 As Incurred Before Opening Insurers

 

Miscellaneous Opening Costs

$1,950 to $7,500 As Incurred As Incurred Suppliers, Utilities, etc.

Additional Funds - 3 Months

$9,000 to $25,000 As Incurred As Incurred Employees, Suppliers, Utilities, etc.

 

TOTAL

$73,550 to $252,200

 

These figures are estimates only. It is possible to significantly exceed these figures and cost control is the responsibility of the franchisee. Big Town Hero provides specifications, guidelines and advice only.