What Are My Startup Costs?
Our low-cost franchise is affordable for experienced and first-time buyers alike
The initial investment for our low-cost franchise ranges from $70,100 to $107,750. Those fees are based on ShelfGenie’s regular 250,000-household territory.
We offer a 15% discount on our franchise fee to honorably discharged veterans who qualify for the International Franchise Association’s VetFran program. Talk to a ShelfGenie development representative for more details.
For a detailed look at what you receive for your startup costs, please review the table below, which is Item 7 from our most recent Franchise Disclosure Document (FDD):
|Type of Expenditure||Amount||Method of Payment||When Due||To Whom Payment Is Made|
|Initial Franchise Fee||$45,000.00||Lump Sum||Upon Execution of the Franchise Agreement||ShelfGenie|
|Leasehold Improvements||$0 to $1,000||As Needed||Before Opening||Vendors|
|Vehicles||$0 to $1,500||Financed by Third Party||Before Opening and/or Under Lease Agreement||Vehicle credit providor or lessor|
|Furniture and Fixtures||$0 to $15,000||Lump Sum||Before Opening||Vendors|
|Technology and Office Equipment/ Supplies||$1,000 initial fee ($250 monthly afterwards)||As Incurred||Before Opening||Vendors or ShelfGenie|
|Other Equipment||$1,000 to $1,250||Lump Sum||Before Opening||Vendors or ShelfGenie|
|Business Licenses and Permits||$100 to $1,000||Lump Sum||Before Opening||Agencies or Organizations|
|Professional Fees||$2,000 to $5,000||Lump Sum||As Invoiced||Attorneys, Accountants and/or Other Advisors|
|Insurance||$500 to $2,500||Lump Sum||Before Opening||Insurance Agent|
|Initial Marketing||$15,000.00||As Incurred||Before Opening and Within 90 Days of Opening||Vendors or Manufacturing|
|Training Expense||$1,000 to $3,500||As Incurred||Before Opening||Airlines, Hotels, Etc.|
|Additional Funds - 3 Months||$5,000 to $15,000||As Incurred||As Needed During Start-up Period; First 90 Days of Business||Employees, Vendors, Utilities, Etc.|
|Total||$70,100 to $107,750|
For more information
Want to better understand the investment for our low-cost franchise? Start a conversation with us by downloading our franchise report or calling us at the number above. We look forward to talking with you.