Franchise Costs

How much does it cost to develop a Gold Star Chili franchise?

There is a wide range for an individual franchise.  Your initial investment may vary depending on numerous factors, including the condition of the premises, the amount of construction performed by the landlord, geographic areas and your capabilities.  The estimated initial investment for developing a Gold Star Chili franchise breaks down as follows.  Remember, these numbers reflect end-cap units to shopping centers, not free-standing buildings, which was once standard.  Actual cost of real estate not included.

EXPENSE

LOW

 

HIGH

Initial Franchise Fee

$25,000

$25,000

Lease & Utility Security Deposits

$1,500

$3,500

Equipment (lease down payment)

$90,000

$180,000

Furnishing & Fixtures

$120,000

$250,000

Initial Inventory & Supplies

$4,000

$8,000

Employee Training

$6,100

$12,000

Grand Opening Advertising

$5,000

$7,500

Signage & Awnings

$25,000

$50,000

Office Equipment & Supplies

$2,500

$5,000

POS System

$10,000

$15,000

Architectural Fees

$4,000

$10,000

Additional Funds for 3 Months

$30,000

$40,000

TOTAL

$323,100

 

$606,000

* Some items may not apply when purchasing an existing Gold Star Chili location.

 

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