Investment
If you meet the requirements and qualifications for owning a Sweet Peppers Deli franchise, and are accepted by our Board of Directors, your financial requirements are:
Signing the Franchise Agreement
Sweet Peppers Deli franchise rights provides you:
Grant of a designated area.
Site selection & lease negotiation assistance.
Architectural drawing & engineering planning assistance.
Owner/manager/employee franchise training program.
Grand opening assistance for your restaurant.
In-field operations support and training updates.
Sweet peppers deli restaurant operations manual.
Use of the sweet peppers deli name, marks and system.
Before Opening for Business*
An additional investment is required to open your Sweet Peppers Deli franchise (the estimates below are based on a building size of approximately 4000 square feet, smaller or larger space will affect the amounts):
Expense | Lease or Conversion | |
LOW | HIGH | |
Franchise Fee | $30,000 | $30,000 |
Layout & Design Planning | 1,000 | 1,000 |
Architectural Plans | 25,000 | 35,000 |
Lease Deposits | 2,500 | 5,000 |
Leasehold Improvements | 300,000 | 375,000 |
Equipment Package | 225,000 | 275,000 |
POS System | 25,000 | 40,000 |
Smallwares Package | 25,000 | 30,000 |
Sign Package | 15,000 | 30,000 |
Catering Van | 15,000 | 20,000 |
Permits | 500 | 1,500 |
Insurance | 8,000 | 12,000 |
Opening Inventory and Services | 10,000 | 20,000 |
Promotional and Pre-Opening Expenses | 15,000 | 25,000 |
Travel and Living Costs while Training | 2,500 | 5,000 |
Professional Fees | 2,000 | 3,000 |
Additional Funds | 20,000 | 30,000 |
TOTAL | $721,500 | $937,500 |
Royalty and Advertising Contribution
Royalty: 5% of your Gross Sales, depending on sales volume; 2% for local advertising (being spent by franchisee) and 1% for advertising fund.
*Items 5, 6 and 7 of the disclosure document should be consulted for a more detailed description of your total estimated initial investment and other costs and expenses associated with the ownership and operation of a Sweet Peppers Deli franchise.