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5yrs. experience with a multi-unit restaurant owner
2. personal/business liquidity of $500,000 per restaurant
3. personal/ business net worth of at least $5 million
B) initial franchise fee $ 40,000
3. Land / Location
A) 1. lease monthly $4,000 (Richmond)
2. buy 10 years contract $300,000
B) Average price $3,000 - 12,000 monthly
4. Size
1. approx. 5532 sq. feet
2. 217 seats
3. 146 dining area seats
4. 71 seats in the bar area
5. Construction
A) pre-construction $40,000 - 200,000 (architectural and related drawings,
engineering, testing, and permits)
B) construction cost $650,000 - 1,100,000 (foundation, slob, materials,
hardware, roof, plumbing, electrical, HVAC equipment, and labor)
C) site work $95,000 - 300,000 (paving, parking lot, sidewalks, curbs,
installation of outdoor lighting)
D) exterior signage $12,000 - 40,000 (2 min...
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