How Much Will I Invest?
Amramp is registered with the SBA Franchise Program and third party lenders who may assist potential Franchisees in obtaining financing. The average Franchise location consists of an approximately 2 million population base, within an approximate 2 hour driving radius.
Amramp can assist you in utilizing your 401k to invest in a franchise without a penalty for early withdrawal.
Initial Franchise Fee
The average franchisee's territory is typically approximately 2,000,000 persons.
The franchise fee is approximately $49,250 for a territory having a population of 1,000,000 persons, and approximately $98,500 for a territory having a population of 2,000,000 persons. Depending on the population of your franchisee's territory, your franchise fee could be higher or lower.
If the population of "Your Territory" is 2,400,000:
Divide population by 1,000,000 = 2.4
Then multiply 2.4 by $49,250 = $118,200
In this example, the initial franchise fee is $118,200.
*Please note, we offer a program for small territories under 1 million in population. Please call 1-888-887-1186 for details.
Initial Franchise Costs
INVESTMENT ITEM | INITIAL COST | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
Initial Franchise Fee | $49,250 - $98,500 | Lump Sum | When you sign the Franchise Agreement |
Us |
Real Estate & Leasehold Improvements |
$0-$1,000 | As arranged | As incurred | Landlord |
Signs | $2,255 - $2,955 | As arranged | As incurred | Approved suppliers or per specifications |
Initial Inventory | $16,000 | Lump Sum | When you sign the Franchise Agreement |
Us, or affiliate, or our approved suppliers |
Vehicles | $25,900 - $29,179 | As arranged | Prior to commencing operations |
Approved suppliers or per specifications |
Tools | $500 - $1,200 | As arranged | Prior to commencing operations |
Approved suppliers or per specifications |
Office Equipment & Supplies | $1,900 - $4,700 | As arranged | Prior to commencing operations |
Approved suppliers or per specifications |
Start-Up Marketing | $5,000 | As arranged | Shortly before and around the time you commence operations |
Suppliers |
Trade Show Booth | $1,260 - $2,150 | Lump sum | Prior to commencing operations and As arranged |
Suppliers |
Insurance Premiums for 1st Year |
$1,200 - $5,000 | Lump sum or periodic | Prior to commencing operations and As arranged |
Insurance broker |
Professional Fees | $1,000 - $2,000 | As arranged | As incurred | Suppliers |
Licenses & Permits | $50 - $200 | As arranged | As incurred | Government agencies |
Training Expenses | $1,000 - $2,000 | As arranged | As incurred | Suppliers |
Additional Funds 6 Months |
$27,500 - $45,000 | As arranged | As incurred | Suppliers |
These expenses are estimates of your initial investment in one franchise location prior to commencing operations and for the first six months thereafter. We cannot guarantee that you will not have additional expenses starting the business. Your costs will depend on how closely you follow the Amramp standards, your management skill, experience and business acumen, local economic conditions, the acceptance by local consumers of our approved products and services, prevailing wage rates, competition, etc.
We've made no estimate regarding real estate acquisition costs. We do not require you to acquire real estate. We make no representation as to whether any of the estimated investment amounts are refundable.