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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.

 

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