Investing in a franchise is a big step toward reaching your financial goals. At Relax The Back, we want to help you leverage your investment to secure a stable financial future. In a booming industry with huge potential for growth and profitability, that future is promising.
Initial Investment in A Relax The Back Franchise
Every new franchise investment is different based on your location selection and the market in which you’re selling. Below are estimates for initial Relax The Back location costs. All candidates are required to have $100,000 in liquid assets, with a $500,000 net worth.
Estimated Investment In Your Future
Investment Amount | Method Of Payment | When Due | To Whom Payment Is To Be Made | |
---|---|---|---|---|
Initial Franchise Fee |
$29,500 (before applicable Veteran Incentive) | Lump Sum | When You Sign Your Franchise Agreement | Us |
Real Estate, Lease Payments And Improvements |
$21,000 to $88,000 | As Incurred | As Incurred | Third Parties |
Equipment, Fixtures And Supplies |
$35,500 to $60,000 | Lump Sum | As Incurred | Suppliers |
Inventory |
$80,000 to $100,000 | Lump Sum | As Incurred | Suppliers |
Training-Related Expenses |
$2,000 to $7,500 | Lump Sum | As Incurred | Us And Vendors, As Applicable |
Grand Opening Expenses |
$7,000 to $12,000 | Lump Sum | Before Issuing Order For The Equipment | Printers, Vendors, Media |
Insurance |
$3,000 to $5,000 | As Incurred | As Incurred | Carriers Or Brokers |
Signs |
$5,000 to $16,500 | Lump Sum | Before Opening | Vendors |
Computer Hardware And Software |
$6,700 to $8,800 | As Incurred | Before Opening | Vendors And Us |
Visual Merchandising Fee |
$0 to $4,000 | As Incurred | As Incurred | Us |
Additional Funds – Up To 6 Months |
$30,000 to $60,000 | As Incurred | As Incurred | Suppliers, Employees, Tradesmen |
Estimated Total |
$219,700 to $391,300 |