How Much Does It Cost To Open a Sobik’s Subs Franchise?

HOW MUCH DOES IT COST TO OPEN A Sobik’s Subs Franchise?

The following figures represent the average investment startup numbers for a franchisee

Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be Made
Initial Franchise Fee $5,000 to $15,000 Lump sum When Franchise Agreement is signed Us
Rent, Utility, and Security Deposits, and Business Licenses $5,500 to $8,500 Lump sum As incurred Landlord, utility providers, licensing authorities, etc.
Architect and Design Fees $7,000 to $15,000 Lump sum As incurred Your architect and engineer
Leasehold Improvements $10,000 to $165,000 Lump sum As required Contractors and third-party suppliers
Signage $5,000 to $20,000 Lump sum As incurred Approved suppliers
Equipment, Small wares, and Furniture $15,000 to $50,000 As arranged As incurred Approved suppliers
Point of Sale, Computer, and Security Systems $3,700 to $5,500 As arranged As incurred Approved suppliers
Professional fees $2,000 to $5,000 Lump sum As incurred Your accountant, attorney, and other professionals
Initial Inventory $2,000 to $3,500 As arranged As incurred Approved suppliers
Insurance $6,000 As agent requires Before opening Insurance carriers
Pre-opening training expenses $5,000 Lump sum Before opening Airlines, hotels, and restaurants
Grand Opening Advertising $3,000 to $5,000 Lump sum Before opening Third party vendors, and service and media providers
Additional Funds (3 months) $15,000 As arranged As incurred Various
Total $82,200 to $312,500