• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Only
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

Franchise Costs: Detailed Estimates of The DRIPBaR Franchise Costs (2021 FDD)

Last updated on October 25, 2021 by Franchise Chatter Leave a Comment
in Franchise Costs, Healthcare Franchise



Learn Which Franchises Can Make You Rich

Updated October 25, 2021.

Detailed Estimates of The DRIPBaR Franchise Costs Based on Item 7 (Estimated Initial Investment) of The DRIPBaR’s 2021 Franchise Disclosure Document

  • Except as otherwise provided, none of the amounts payable to The DRIPBaR or its affiliates in this table are refundable under any circumstances. All amounts payable to third parties will be paid pursuant to the terms of your agreement with those respective third parties.

1.  Initial Franchise Fee:  $50,000 to $55,000

America's Most Lucrative Franchises of the Year

2.  Lease Deposit and Payment:  $2,500 to $5,000

  • Your landlord may require a lease deposit and will typically require monthly rent in advance. Rent will vary depending upon the location of the premises and other related factors. The prepaid rent is usually nonrefundable, but that will ultimately be determined by the terms of the lease.
  • The improved space for a new franchised business is between 1,000 to 1,500 square feet.
  • The DRIPBaR anticipates that you will rent the location’s premises. It is possible, however, that you will choose to buy, rather than rent, real estate on which a building suitable for the business already is constructed or could be constructed. Real estate costs depend on location, size, visibility, economic conditions, accessibility, competitive market conditions, and the type of ownership interest you are buying.

3.  Utility Deposits:  $500 to $1,000

  • Most utilities, such as local water, sewer, gas, electric, and telephone companies, require deposits prior to initial services.
  • The DRIPBaR has estimated the low end range at $0 because, in some instances, you may be able to sign a lease with utilities included within the monthly rent expenses or negotiate for free utilities for a certain period of time.

4.  Grand Opening Marketing:  $6,500 to $11,500

5.  Initial Inventory:  $5,000 to $6,000

  • The initial inventory will include vitamins, supplies, and supplements. Due to differences in local laws, prices, suppliers, geography, and commercial practices, you may elect to carry a larger inventory.
  • The cost of your opening supplies and inventory will depend on the brands purchased, local costs, and other factors.

6.  Furniture, Fixtures, and Equipment:  $7,600 to $38,000


💰How Much Franchise Can You Afford? Use Our Free Financial Calculator



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)


  • This estimate includes the cost of purchasing a hood and other required equipment. The estimated costs include purchase price, delivery, and installation. The low end estimates financing for the equipment as opposed to purchasing it outright.

7.  Computers and Office:  $3,000 to $4,500

  •  This estimate includes the cost of the computer system with one POS system in addition to other office costs.

8.  Leasehold Improvements/Buildout:  $25,000 to $100,000

  • Leasehold improvement costs, including floor covering, wall treatment, counters, ceilings, painting, window coverings, electrical, carpentry and similar work, architect’s and contractor’s fees, depend on various factors, including: (i) the site’s condition, location, and size; (ii) the demand for the site among prospective lessees; (iii) the site’s previous use; the build-out required to conform the site for your location; and (iv) any construction or other allowances the landlord grants.
  • The lower figures provided here under “Leasehold Improvements” assume that you remodel an existing building that has previously been utilized as a restaurant. Construction of a new building on a pad site or otherwise likely would require a greater initial investment, the amount of which would depend on market conditions.

9.  Architectural and Engineering Services:  $5,000 to $8,000

10.  Retail and Promotional Inventory:  $4,000 to $6,000

  • Your location may be converted from an existing medical office or similar space. The DRIPBaR will provide you with plans or blueprints for the layout of a typical outlet; however, you will be required to work with a licensed architect to build out your location.
  • The DRIPBaR has estimated the low end range at $0 because, depending on your location, the services of a licensed architect or engineer may not be necessary.

11.  Signage:  $7,000 to $9,000

Franchises Ranked by Average Revenues and Profits
  • The business is generally outfitted with a sign which must be approved by The DRIPBaR. The estimated costs represent manufacture and installation.

12.  Insurance:  $500 to $1,000

  • You must obtain and maintain on a primary and non-contributory basis at least a commercial general liability policy, commercial automobile liability policy, commercial property liability policy, workers’ compensation/employer’s liability policy, umbrella liability policy, employment practices liability policy, and cyber and privacy policy.
  • The DRIPBaR estimates that you will incur these charges on a monthly basis.

13.  Permits and Licenses:  $100 to $800

  • This amount reflects the estimated fees you will pay to apply for various permits and licenses, such as building permits, sales tax permits, incorporation fees, fire inspection fees, and health department inspection fees. The application and fees required will depend upon the regulations of the governing agencies in your area.

14.  Professional Fees:  $0 to $1,500

15.  Travel and Living Expenses While Training:  $0 to $1,000

  • These expenses include the cost of transportation, meals, accommodations, and similar expenses associated with the attendance of 2 people at the required initial training.

16.  Additional Funds for 3 Months:  $15,000 to $30,000

  • This is an estimate of anticipated working capital that will be required during the first 3 months of operating your franchised business. This is only an estimate and The DRIPBaR cannot assure you that you will not incur additional expenses during the period.
  • The DRIPBaR’s estimates do not include salary or compensation to you as the owner and operator of your franchised business and, accordingly, you must account for personal funds that you will require.
  • The DRIPBaR has relied on the experience of its affiliate-owned locations in making this estimate.

17.  Total:  $131,700 to $278,300


💰How Much Franchise Can You Afford? Use Our Free Financial Calculator



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)





Franchise Winners and Losers Last Year

Tagged as: The DRIPBaR

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: Q&A with Maureen Anders, Co-Founder and CEO of AR Workshop

Next post: FDD Talk 2020: Hand & Stone Massage and Facial Spa Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Primary Sidebar

💰How Much Franchise Can You Afford? Use Our Free Financial Calculator

🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

🚀 Daily FDD Talk Posts

Steak ‘n Shake Franchise

Garage Force Franchise

Pet Butler Franchise

Kilwins Chocolates Franchise

Matco Tools Franchise

Firehouse Subs Franchise

Mr. Handyman Franchise

GarageExperts Franchise

Tropical Smoothie Cafe Franchise

Moe’s Southwest Grill Franchise

Tim Hortons Franchise

Toppers Pizza Franchise

Sonic Drive-In Franchise

Elements Massage Franchise

Wild Birds Unlimited Franchise

Qdoba Mexican Eats Franchise

Great Harvest Franchise

Snap-On Franchise

Mathnasium Franchise

Beef Jerky Experience Franchise

Ellie Mental Health Franchise

Miracle Method Franchise

LearningRx Franchise

Ellianos Coffee Franchise

The Patch Boys Franchise

Grasons Estate Sales Franchise

Style Encore Franchise

Music Go Round Franchise

Play It Again Sports Franchise

Plato’s Closet Franchise

Once Upon A Child Franchise

Jeremiah’s Italian Ice Franchise

The Maids Franchise

The Honey Baked Ham Company Franchise

Wings Over Franchise

🏆 Best Franchises by Industry

Best Franchises by Industry (All Lists)

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

Best Gym and Fitness Franchises

Best Pizza Franchises

Best Sandwich Franchises

Best Childcare Franchises

Best Ice Cream Franchises

Best Coffee Franchises

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Tech Franchises

Best Travel Agency Franchises

Best Trampoline Park Franchises

Best Tools Distribution Franchises

Best Salon Suites Franchises

Best Property Management Franchises

Best Laboratory Services Franchises

Best Staffing/Recruiting Franchises

Best Real Estate Franchises

Most Profitable Franchises

Top Low Cost Franchises

Franchise Chatter uses affiliate links for Franchise Help and Franchise Brokers Association.

Franchise Chatter © 2022