To
open your first Kill Devil’s you will typically need $75,000
in liquid assets and your total investment will be between
$201,500 and $1,903,000 depending on several variable factors.
Financing may be available through third-party lenders
and leasing companies.
A
cost breakdown is as follows:
|
|
LOW | MEDIUM | HIGH |
|
Franchise Fee |
$25,000 | $25,000 | $25,000 |
|
Equipment |
100,000 | 115,000 | 125,000 |
|
Signage |
5,000 | 7,500 | 10,000 |
|
Furniture |
10,000 | 15,000 | 20,000 |
|
*Leasehold improvements |
50,000 | 75,000 | 100,000 |
|
Initial Inventory
|
4,000 | 5,500 | 7,500 |
|
Architectural Plans |
2,000 | 2,000 | 2,000 |
|
Initial Deposits |
3,000 | 6,000 | 9,000 |
|
Professional Fees & Misc. Expenses |
2,500 | 3,500 | 4,500 |
|
Land acquisition |
0 | 200,000 | 500,000 |
|
Building Construction |
0 | 180,000 | 1,100,000 |
|
Totals |
$201,500 | $634,500 | $1,903,000 |
*Leasehold
improvement cost may be greater for various reasons such as
the size of the location and the local market conditions.
Franchisee
should also set aside additional funds for working capital.
