Sports Bar & Grill Franchising Fees
Find all the initial information necessary to buy a bar franchise with Hotshots Sports Bar & Grill.
How much does it cost to open a sports bar?
The cost range of opening a sports bar is between $476000 and $1006000 depending on the size and scale of the operation. Find here a breakdown of the costs to help you start your own bar. Also, find here a detailed guide on how much does it cost to open a bar and other essential questions.
Expense / Fee | Lows | Highs |
---|---|---|
Initial Franchise Fee | $45,000 | $45,000 |
Lease Deposit and Rent | $10,000 | $30,000 |
Leasehold Improvements | $125,000 | $425,000 |
Signage | $7,000 | $15,000 |
Furniture and Fixtures | $30,000 | $55,000 |
Kitchen/Bar Equipment | $90,000 | $140,000 |
Audio Visual Equipment | $35,000 | $60,000 |
Small wares | $7,000 | $15,000 |
Office Equipment | $26,000 | $35,000 |
Licenses, Dues, Depostis, etc | $3,000 | $5,000 |
Professional Fees | $15,000 | $20,000 |
Insurance | $10,000 | $20,000 |
Travel and Expenses while Training | $15,000 | $30,000 |
Initial Inventory | $47,000 | $65,000 |
Grand Opening | $10,000 | $30,000 |
Additional Funds – 3 Months | $25,000 | $45,000 |
Total | $476,000 | $1,006,000 |
Hotshots bar franchise opening qualifications:
Opening a Hotshots Sports Bar & Grill requires no previous experience. Above all, we’re looking for ambitious, energetic, and passionate people who share our goals and values. Additionally, an ideal candidate would display excellent customer service and be passionate about their employee relations and continued team building. Having some marketing and business skills is also a bonus.
But whatever you are lacking we can teach you!!