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As a franchisee, your initial investment is the franchisee fee, the cost of securing and setting up your BAJIO® restaurant location, miscellaneous service, business and product expenses in addition to the promotional efforts to announce the opening of your restaurant.
A detailed cost breakdown can be found in the Capital Requirements sheet in our brochure. We encourage you to learn more about the performance of our existing restaurants by speaking with our franchisees. Since we don’t know where your restaurant will be or how well you will run it, we can’t predict your results.
In fact, to eliminate possible misunderstandings, we have a policy that no agent or employee of ours can provide you with projections of potential sales, earnings and profitability.
| Initial Franchise Costs*: |
Low |
High |
When Due |
| Franchise Fee |
$20,000.00 |
$20,000.00 |
upon signing Franchise Agreement |
| Real Property |
$7,500.00 |
$16,000.00 |
when you sign the lease |
| Architectural & Site Investigation*** |
$9,200.00 |
$9,200.00 |
at time of service |
| Deposits, Licenses & Fees |
$1,000.00 |
$7,000.00 |
at time of delivery |
| Professional Fees |
$2,000.00 |
$4,000.00 |
as Incurred |
| Insurance |
$1,000.00 |
$7,000.00 |
as incurred before opening |
| Signage |
$4,000.00 |
$12,000.00 |
50% at time of order, 50% at delivery |
| Leasehold Improvements** |
$80,000.00 |
$175,000.00 |
pro rata during construction |
| Furniture, Fixtures and Equipment |
$144,600.00 |
$169,500.00 |
pro rata during construction |
| Beginning Inventory |
$10,000.00 |
$10,000.00 |
before opening |
| Travel, Insurance |
$2,000.00 |
$5,000.00 |
before opening |
| Working Capital |
$15,000.00 |
$20,000.00 |
as required |
| Grand Opening Promotion |
$2,500.00 |
$2,500.00 |
as incurred |
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| TOTAL INITIAL COST: |
$298,800.00 |
$457,200.00 |
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| ROYALTY FEE: |
8% |
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| ADVERTISING FEE: |
3% |
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