Cost varies from location to location. In general the franchisee will need $80,000 of liquid assets (this includes the franchisee fee and working capital for build out, inventory, marketing and initial operation). The total estimated cost to open an Adam & Eve Retail store is between $172,000 and $350,000 as outlined in the FDD (Franchise Disclosure Document). These figures are only a guideline and not all-inclusive. The following is a breakdown of what is reported in the ITEM 7 of the Adam & Eve Stores FDD (Franchise Disclosure Document).
Item | Low Investment | High Investment |
---|---|---|
Initial Franchise Fee | $30,000 | $30,000 |
Rent (3 Months) and Deposits | $8,000 | $20,000 |
Leasehold Improvements | $15,000 | $70,000 |
Fixtures | $42,000 | $60,000 |
Inventory | $58,000 | $112,000 |
Professional Fees | $2,000 | $5,000 |
POS Software/Hardware | $2,000 | $7,000 |
Miscellaneous Expenses* | $15,000 | $46,000 |
Total Costs | $172,000 | $350,000 |
* Miscellaneous Expenses Include: Additional funds needed for three months of operation, Insurance, Permits, Utility Deposits, Grand Opening Advertising and Training Expenses.