One of the first questions we receive from a franchise candidate is what is the investment into a Submarine House? There are many expenses when it comes to opening a business. Depending on size, market and condition of the space you are leasing are all factors to consider. This is the Item 7 from our FDD of the ranges of initial cost to be expected.
| Type of Expenditure | Amount |
|---|---|
| Franchise Fee | $45,000 |
| Real Estate/Rent | $2,500-$6,500 |
| Utility Deposits | $300-$1000 |
| Leasehold Improvements | $425,000-$1,039,200 |
| Insurance | $3,000-$8,000 |
| Office Equipment and Supplies | $3,000-$7,000 |
| Training | $4,000-$33,000 |
| Signage | $5,000-$15,000 |
| Furniture, Fixtures, & Equipment | $150,000-$250,000 |
| Initial Inventory | $20,000-$25,000 |
| Grand Opening | $15,000 |
| Computers & Software | $2,000-$5,000 |
| Licenses & Permits | $3,500-$25,000 |
| Legal & Accounting | $5,000-$20,000 |
| Dues & Subscriptions | $400-$1,200 |
| Additional Funds (6 Months) | $60,000-$90,000 |
| TOTAL | $743,700-$1,585,900 |