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Investment Cost for New Franchises
Type of Expenditure Minimum Investment Maximum Investment
Initial Franchise Fee $40,000 $40,000
Real Property, Utility, Security, and Other Deposits $4,500 $11,100
Leasehold Improvements (net of landlord tenant allowances) $80,000 $275,000
Cabinetry, Millwork, Furniture, and Décor $2,500 $10,000
Fitness Equipment $24,500 $67,000
Initial Software Set-Up and Technology Fees $2,096 $2,096
Computer System & Other A/V Technology $1,500 $7,500
Training Program and Other Training Expenses (plus travel, meals, lodging and other expenses) $2,650 $3,950
Architect, Engineer, Drawings $7,000 $18,500
Grand Opening Spend Requirement $15,000 $15,000
Signage and Graphics $8,500 $10,550
Office and Business Supplies $1,650 $2,750
Business Licenses and Permits $982 $1,208
Insurance (Initial 20% Payment) $1,100 $1,300
Professional Fees $1,980 $13,530
Additional Funds (Three Months) $27,500 $45,000
Total Estimated Initial Investment $221,458 $524,484
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