To start an Applebees it says total investment of 1 million dollars but intial fee of only 40,000 besides royalty fee and advertising fee what are the other cost and how can i find how much each would cost?
Total Investment: $1,000,000
Initial Franchise Fee: $40,000
Royalty Fee: 4% initially, 5% possible after
Advertising Fee: not less than 4%|||they are allowing a wide range for
your lease from you chosen landlord's site, capital equipment, salaries,
improvements to the site, and
HOLD costs [what you have to have
to fee the company's expense accounts
till you earn enough to have the customer pay for it.
UNLESS you are fanatical about
the franchise name, ANY sharp
restaunteer [non-franchise] can out perform immediately any franchise.
remember, almost all franchises
were independent at one time.
I am anti-franchise! I can even help people start a restaurant for NO
money out of their pockets except
for the lease deposits and 1st mo security.|||umm im gunna hafta say 2.3 billion dollars after taxes
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