Back in 2012, when Elissa Glickman first took the role of chief executive for Glendale Arts â the nonprofit that manages the Alex Theatre on behalf of the city of Glendale â the state dissolved the cityâs Redevelopment Agency, and with it, an annual $415,000 for the venue. The following year, a...
The answer to this question is not so simple because every franchise has its own financial requirements, so the costs to start a franchise are different for every franchise company. In most cases, you will be required to pay a franchise fee, all build-out costs for your location (including furniture, fixtures, and equipment), professional fees, contractor fees, signage, and inventory.
1 The good news is, for these kinds of cost, you can apply for a bank loan. 2  As a franchise, you will be charged a service fee of 4% of total sales. 3  Also, $45,000 of your initial franchise fee must be paid to McDonald's. For a new restaurant, you must be able to pay 40% up front. 2  Pre-opening costs for equipment and other supplies usually run somewhere between $959,450 to $2.11 million. 3  The good news is, for these kinds of cost, you can apply for a bank loan. 4  As a franchise, you will be charged a service fee of 4% of total sales.