For anyone considering an individually-owned franchise, the initial investment is a primary concern. The following chart illustrates the estimated initial fees
and cost paid by the franchisee to open one Flamers franchise.
Estimated Costs (Where the Money Goes)
|
Low
|
High
|
Franchise Fee (to Franchisor)
|
$30,000
|
$30,000
|
Architect (to Architect)
|
$5,000
|
$7,000
|
Leasehold Improvements (to Contractor)
|
$74,500
|
$180,000
|
Equipment (to Vendors)
|
$45,000
|
$108,500
|
Deposits (to Lessor)
|
$4,000
|
$6,000
|
Inventory (to Vendors)
|
$7,000
|
$8,000
|
Working Capital (to Employees)
|
$4,000
|
$6,000
|
TOTAL
|
$171,500
|
$345,500
|
The above cost estimates pertain to new location build-outs. The cost
of converting a pre-existing food service restaurant to a new Flamers
location could be substantially lower.