Two major criteria are used in reviewing and evaluating the financial qualifications of a prospective Franchise Owner. We consider the personal net worth of each party and the capital liquidity (liquid assets) available for Winger's Grill and Bar® investment. The decision for financial approval is based on the individual's capabilities and the scope of the proposed franchise activities (i.e. single unit, master franchiser, etc.) The total investment in the business will vary depending upon: the cost of location, leasehold improvements, deposits and other factors. These estimates are based on leasing the property and, therefore, do not include land and building costs. There are no provisions for financing in the estimates; however, a franchise owner may be able to finance a portion of the costs. Availability and terms of financing from a lender are usually dependent upon the general availability of financing, the credit-worthiness of the franchise owner, other security, and the lender's policy regarding franchising.
DESCRIPTION LOW HIGH
Start Up & Soft Costs (includes: Franchise Fee, management & opening training costs, lease costs,
accounting setup, permits, licences, legal, utility hookups, initial inventories, other misc. costs, etc.)
$125,000 $250,000
Construction & Build out Improvement $0 (LEASED) $800,000
Furniture, Fixtures, & Equipment $0 (LEASED) $350,000
Total: $125,000 $1,400,000