Preopening Budget

PREOPENING BUDGETCOST
INITIAL FRANCHISE FEE$25,000
Travel and living expenses while training$7,500 – $12,500 Per Person
Pre-opening employee training$5,000 – $10,000
Opening Advertising$7,500-$10,000
Real Property for Restaurant$4,000 – $10,000
Equipment, Fixtures & D├ęcor, Register System, Hood, Furniture$106,500 – $204,500
Signs$10,000 – $20,000
Leasehold Improvements$87,500 – $204,500
Opening Inventory$12,500
Deposits and Prepaid Expenses$0 – $1,000
Business Licenses$250 – $1,500
Insurance$500 – $1,500
Additional Funds$30,000 – $30,000
Accounting System$1,200 payable yearly or $23.08 payable weekly
Miscellaneous Expenses$1,000 – $5,000
TOTAL$302,450 to $558,950