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	ESTIMATED INITIAL INVESTMENT The estimates below show the range for aÊsmaller studio in a small market, a mid-range studio, and a larger studio. This amount is based on the franchise fee, building improvements, furniture, fixtures, equipment, signage, inventory, travel, rent deposits, insurance, some working capital and other costs.
	Item Low Mid High Reservation & Franchise Fee $ 25,000 $ 25,000 $ 25,000 Rent & Deposit $ 2,000 $ 4,000 $ 6,500 Tenant Improvements $ 20,000 $ 25,000 $ 43,000 Architect, Electrical & Permit Fees $ 1,000 $ 1,500 $ 2,500 Furniture, Equipment, Computers & Communications Systems $ 25,000 $ 35,200 $ 43,000 Cabinets $ 5,000 $ 7,000 $ 9,000 Exterior Sign $ 2,500 $ 4,142 $ 8,000 Sales Tax & Shipping $ 2,000 $ 3,000 $ 4,000 Initial Inventory $ 10,000 $ 15,000 $ 18,000 Grand Opening Marketing, Posters, Seasonal Window Displays $ 1,000 $ 2,500 $ 5,000 Accounting Setup Fee $ 300 $ 300 $ 300 ICredit Card & Gift Card Processor $ 1,200 $ 1,200 $ 1,200 Insurance $ 1,000 $ 1,500 $ 2,000 Organizational Expense $ 500 $ 1,000 $ 2,500 Incidental Costs Incurred During Traning $ 1,500 $ 1,500 $ 4,000 Additional Funds (working capital) $ 10,000 $ 15,000 $ 25,000 TOTAL $108,000 $142,842 $199,000
	International Locations: While the above programs are similar, startup and construction costs will vary in each country.
	Introduction | Overview | Support | Training | Q & A | Invitation Investment | Franchise Inquiry | Home Page
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