SanSai
Date Incorporation: 2004
| Expenditures | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Expenses While Training | $1,500 | $4,000 |
| Real Estate Lease Review | $1,500 | $2,500 |
| Real Estate Deposits and Initial Rent | $5,000 | $17,000 |
| Construction and remodeling | $200,000 | $350,000 |
| Furnishings | $20,000 | $30,000 |
| Signage | $7,000 | $12,000 |
| Equipment | $100,000 | $125,000 |
| Inventory | $11,000 | $16,000 |
| Utility Deposits and fees | $1,000 | $2,000 |
| Business License | $500 | $1,000 |
| Insurance | $2,000 | $3,000 |
| Computer hardware/software POS and PC | $19,800 | $27,000 |
| Grand Opening Marketing Program | $5,000 | $5,000 |
| Miscellaneous costs | $3,100 | $4,500 |
| Additional Funds - 3 months | $30,000 | $45,000 |
| TOTAL | $442,400 | $679,000 |
Ongoing fees:
| Name of Fee | Amount |
|---|---|
| Royalties |
Year 1: 3% of Gross Volume or $500 per week whichever is greater Year 2: 4% of Gross Volume or $750 per week whichever is greater Year 3 and thereafter: 5% of Gross Volume or $1,000 per week whichever is greater. |
| Interest and Late Fees | Interest is highest applicable legal rate for open account business credit. (Not to exceed 1.5% per month) |
| Successor Fee | 20% of the then-current Initial franchise fee (minimum of $5,000) |
| Marketing Fund Contribution | 2% of Gross Volume or a minimum of $300 per week. |
| Local Marketing Expenses | 3% of Gross Volume or $1,500 per month whichever is greater |
|
On-Going Real Estate Expenses: Amendments to Lease Modifications of Lease Renewal of Lease Relocation of Site |
$1,500-$2,500 $1,500-$2,500 $1,500-$2,500 $5,000-$10,000 |
| Transfer Fee | $7,500 |
| Transfer Fee - Area Development Agreement | $7,500 |
| Internet/Intranet Service Fee | Once implemented, $150 per month |
| Convention Support Fee | $500 per unit per year |
| Customer Satisfaction/Quality Control Measures | To be determined |
| Management Fee (only on default by you) | $500 per day plus expenses |
The above information has been taken from the UFOC/FDD of SanSai
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