FRANCHISE COST INFORMATION
Initial Franchise FeeCost Info
The initial franchise fee is $35,000 per restaurant.
Development Fee (if you choose to develop multiple units
in an exclusive geographic area) The development fee is
individually negotiated for each geographic area based
on a variety of factors, including the number and
location of Franchised Restaurants to be developed, an
evaluation of market conditions such as market penetration
of Franchised Restaurants and Company-Owned Restaurants,
the area's size, population, and per capita income,
and other demographic and psychographic data.
Royalty Fee
The continuing royalty fee is 5% of gross sales.
El Chico Franchise Cost Estimates
| |
Low |
High |
| Franchise Fee |
$35,000 |
$35,000 |
| Land and Site Preparation |
$300,000 |
$950,000 |
| Construction Costs, Signs, and Landscaping |
$650,000 |
$800,000 |
| Organizational (permits, licenses, insurance, etc) |
$100,000 |
$200,000 |
| Furniture, Fixtures, and Equipment |
$375,000 |
$475,000 |
| Kitchen Equipment |
$300,000 |
$375,000 |
| Opening Inventory and Pre-Opening Expenses |
$75,000 |
$150,000 |
| Additional Funds |
$50,000 |
$75,000 |
| Training |
$60,000 |
$190,000 |
| Total |
$1,945,000 |
$3,250,000 |
More detailed information regarding these cost estimates is found in the Uniform Franchise Offering Circular (UFOC).
