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Franchise Information: Investment and Fees

Initial Investment
There are start-up costs associated with every business. The following table provides an estimate of the typical investment.* All franchisees pay an Initial Franchise Fee of $35,000 – other costs vary by location and cost of living.
  
     Range of Cost
Description of Expense Low High
Initial Franchise Fee $35,000 $35,000
Leasehold Improvements $90,000 $130,000
Architectural/Engineering Fees $1,500 $5,000
Training Travel Expenses/Wages (2 people)** $1,000 $3,500
Furniture, Fixtures, Equipment*** $20,000 $30,000
Computer Equipment $3,000 $6,000
Signs $4,000 $6,000
Initial Inventory and Supplies $5,000 $9,000
Lease Payments (3 Months) $10,500 $22,500
Employee Salaries (3 Months) $20,000 $45,000
Insurance (3 Months) $3,000 $6,000
Miscellaneous Fees $8,000 $15,000
Grand Opening Advertising $2,500 $2,500
Additional Funds (3 months)† $11,000 $25,000
Total $214,500 $340,500
* See UFOC for further details
** Travel, lodging, and wages during training for one owner and one general manager in Let’s Dish!’s corporate headquarters in Burnsville, MN
*** This is the range of estimated initial expenditures for FF&E during the first three months of operations if you lease equipment. If you purchase the FF&E outright, your estimated initial investment will generally range from $83,000-93,000.
† These figures have not been offset by operating revenues.

Ongoing Fees
In addition to day-to-day business operations expenses, franchisees pay ongoing fees for corporate infrastructure and franchisee support. These expenses include royalties (6% of revenue) and advertising fees (2% of revenue) paid to Let’s Dish!. Franchisees are also required to spend 1% of revenue on local advertising to support the brand.


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From a Franchisee

"We became a part of the Let’s Dish! Franchise system confident they would grow the organization the right way and they have exceeded our expectations.”
 
RJ Dourney

BW Passion, LLC
Boston Area Franchisee

 

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