These factors made our experience and initial cost to invest in the franchise much different than new franchisees; however a ballpark estimation would be $ 200,000 cash and a $ 500,000 SBA loan ($ 340,000 on construction, $ 325,000 on FF&E, $ 65,000
toward soft costs and $ 10,000 toward marketing efforts).
Not exact matches
* Experienced working with internal and external groups using
soft skills and EQ
toward meeting business and
costs objectives and leading the team to reach their potential.
Soft costs paid by the borrower, such as engineering
costs, governmental fees, developer fees, etc., can be counted
toward equity if they contribute to the completion and value of the developed property, but alternative collateral such as land, purchase deposits and the proceeds of other loans can not.