Franchising Fees
| Expense / Fee | Lows | Highs |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Lease Deposit and Rent | $8,000 | $25,000 |
| Leasehold Improvements | $100,000 | $350,000 |
| Signage | $7,000 | $15,000 |
| Furniture and Fixtures | $20,000 | $35,000 |
| Kitchen/Bar Equipment | $50,000 | $75,000 |
| Audio Visual Equipment | $25,000 | $50,000 |
| Small wares | $6,000 | $12,000 |
| 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 | $12,000 | $25,000 |
| Initial Inventory | $35,000 | $50,000 |
| Grand Opening | $10,000 | $30,000 |
| Additional Funds – 3 Months | $25,000 | $35,000 |
| Total | $397,000 | $827,000 |
QUALIFICATIONS:
Running a Hotshots requires zero previous franchise 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!!
