| Type of Expenditure |
Amount |
Method of Payment |
When Due |
To Whom Payment is to be Made |
| Initial Franchise Fee |
$39,900 |
Lump Sum |
At the time you sign Franchise Agreement |
Us |
| Training Expenses |
$3,500 - $5,000 |
As Incurred |
During training |
Hotels, restaurants, and airlines |
| Security and Utility Deposits |
$3,700 - $5,800 |
As Incurred |
Before Opening |
Landlord and/or Utility Companies |
| Three Month's Rent |
$9,000 - $27,000 |
Lump Sum |
Monthly |
Landlord |
| Clinic Design Fee |
$1,000 |
Lump Sum |
At the time you sign the Franchise Agreement |
Us |
| Architectural |
$8,500 - $20,000 |
As incurred |
Before Opening |
Architect |
| Construction |
$63,600 - $225,000 |
As incurred |
Before Opening |
Contractors and/or landlord |
| Signage |
$6,000 - $12,000 |
Lump Sum |
Before Opening |
Suppliers |
| Office Furniture and Equipment |
$15,000 - $25,000 |
As incurred |
Before Opening |
Suppliers |
| Chiropractic or other Professional Equipment |
$7,000 - $22,500 |
Lump Sum |
Before Opening |
Suppliers |
| Technology Systems |
$6,000 - $11,000 |
Lump Sum |
Before Opening |
Suppliers |
| Business Licenses and Permits |
$300 - $3,000 |
Lump Sum |
Before Opening |
Government Agencies |
| Professional Fees |
$3,000 - $8,200 |
Lump Sum |
Before Opening |
Attorneys, Accountants, and other Professionals |
| Insurance Premiums |
$2,000 - $4,300 |
Lump Sum |
Before Opening |
Insurance Companies |
| Chiropractor Credentialling |
$200 - $300 |
As incurred |
Before Opening |
Suppliers |
| Uniforms and Office Supplies |
$1,500 - $3,000 |
Lump Sum |
Before Opening |
Suppliers |
| Grand Opening Advertising |
$20,000 - $25,000 |
Lump Sum |
60 days before through 60 days after opening |
Suppliers |
| Additional Funds- three months |
$75,000- $105,000 |
As incurred |
As Incurred |
Suppliers, employees, and us |
| TOTAL ESTIMATED INITIAL INVESTMENT |
$245,250 to $543,000 |
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