|
AMOUNT |
METHOD OF PAYMENT |
WHEN DUE |
TO WHOM PAYMENT TO BE MADE |
INITIAL LICENSE/
FRANCHISE FEE |
$30,000 |
Lump Sum |
At Signing of License/Franchise Agreement |
Mazzio's |
|
| TRAVEL & LIVING EXPENSES WHILE TRAINING |
$33,000 |
As Incurred |
During Training |
Salaries, Airline, Auto, Hotels & Restaurants |
|
We require 3 of your employees to go through training at an approximate cost of $11,000 each. |
|
| EQUIPMENT & SIGNS |
$163,000-$400,000 |
As Incurred |
Prior to Opening |
Suppliers & Vendors |
|
Equipment & Signs - Equipment cost includes the kitchen equipment, tables and chairs, booths, POS systems, computer systems, décor, menu boards, security systems, signage and landscaping. If you buy used equipment, you may lower your initial investment. |
|
| LAND & BUILDING |
$0-$1,400,000 |
 |
|
Real Estate and Improvements - The typical Mazzio's Italian Eatery building will need to be in the 3,200 to 3,800 square foot range with the land approximately 10 times that size. Mazzio's Pizza Wine does not offer a free-standing building. |
|
| LEASEHOLD IMPROVEMENTS |
$97,000-$400,000 |
As Negotiated |
Prior to Opening |
Contractor |
|
Leasehold Improvements - Dependent on many factors - such as location, new construction or second generation restaurant space, lease rates, landlord contributions, square footage, terms of lease, etc. |
|
| INITIAL INVENTORY |
$10,000-$22,000 |
As Incurred |
Prior to Opening |
Suppliers |
|
ADDITIONAL FUNDS
(3 MONTHS) |
$50,000-$120,000 |
As Incurred |
As Incurred |
Employees, Suppliers & Utilities |
|
| TOTAL |
$286,000 - $2,005,000 (With Purchase of Real Estate) $383,000 - $1,005,000 (Without Purchase of Real Estate) |
|
Totals - The investment ranges are rather general and dependent on a number of factors such as the geographical area, the local economy, the competition, the type of facility being utilized and the sources for equipment along with other items. See our Franchise Disclosure Document for more specifics. |
|
| FINANCING |
|
Financing - We do not offer "direct" financing to franchisees for any items. |
|