| |
AVERAGE
|
| |
|
| Initial Franchise Fee |
$27,500
|
| |
|
| Travel & Living Expenses while Training |
$3,000
|
| |
|
| Leasehold Improvement |
$18,000
|
| |
|
| Liability Insurance |
$1,600
|
| |
|
| Signage (Interior & Exterior) |
$3,200
|
| |
|
| Fixtures |
$12,000
|
| |
|
| Point of Sale System |
$4,200
|
| |
|
| Equipment & Backroom supplies |
$20,000
|
| |
|
| Opening Inventory & Supplies: |
|
| Shoes |
$65,000
|
| |
|
| Retail |
$7,500
|
| |
|
| Advertising |
$6,000
|
| |
|
| Miscellaneous: |
|
| supplies, utilities, deposits |
$4,000
|
| |
|
| AVERAGE TOTAL COSTS |
$172,000
|
| |
|
| Working Capital |
$30,000
|
| |
|
| AVERAGE TOTAL INVESTMENT |
$202,000
|
|
The above estimates reflect the average costs that can be expected in normal situations. The average total investment to open a Foot Solutions store is in the $200,000 range.
|
