Investment

The following costs are based on our own experience opening a GC BURGER restaurant in Mississauga and are estimated. The difference between low and high cost levels are due to many factors especially the leasehold of the location, size, build-out costs, signage and other expenses. Cost may vary from location to another and area to another.

 Estimated low rangeEstimated high rangeWhen payableMethod of paymentPayment to
Franchise Package
Franchise Fee50,00050,000Upon executionLump sumGC BURGER Franchise
Training & Opening SupportIncl.Incl.Upon executionLump sum
Subtotal 150,00050,000
Establishment Costs
Property finding fee010,000As incurredAs billedLocal Agent
Location lease deposit18,00024,000As incurredAs billedLandlord
Architectural services15,00020,000As incurredAs billedArchitect
Construction work & Signage215,000320,000As incurredAs billedContractors
Décor / Equipment100,000150,000As incurredAs billedContractors/Suppliers
Initial stock15,00025,000As incurredAs billedSuppliers
POS equipment5,00010,000As incurredAs billedSuppliers
Licenses, permits, Insurance11,00013,000As incurredAs billedSuppliers
      
Subtotal 2379,000572,000
 
Other Initial Costs
Legal & accounting fees5,00010,000As incurredAs billedLawyer & accountant
Staff recruitment & training7,00013,000As incurredAs billedEmployees
Launch promotion5,00015,000As incurredAs billedSuppliers
Miscellaneous costs2,0005,000As incurredAs billedSuppliers
Other3,0005,000As incurredAs billedSuppliers
Working capital provision25,00040,000In Bank
 
Subtotal 347,00088,000
 
Total investment476,000710,000