The Costs

INVEST IN A NEW FARM STORES OR AN EXISTING ONE?

Entrepreneurs almost always prefer to minimize their financial risks, especially when they’re investing their own money in a new enterprise. This alone is why many entrepreneurs decide to invest their funds in a proven franchise model like Farm Stores, rather than getting involved in a startup or buying a small business with little brand recognition.

Aside from having great managerial and people skills, candidates must meet the fundability requirements. Once we’ve helped franchisees pinpoint the funding, we help them decide whether they’d be happier with a new Farm Stores franchise or an existing one.

Estimated initial investment for a new store

Initial Franchise Fee $25,000
Real Estate Services Fee $1,000
Building Costs $100,000 - $150,000
Site Development Costs $0 - $150,000
Furniture, Fixtures, Small Wares $5,000 - $10,000
Equipment, Fixtures, and Signs $50,000 - $75,000
Opening Inventory $10,000 - $20,000
Licenses and Permits $5,000 - $20,000
Grand Opening Advertising $15,000
Point of Sale System $2,500
Miscellaneous Opening Costs $5,000 - $15,000
Uniforms $300 - $500
Travel & Living Expenses while Training $2,000 - $6,000
Additional Funds for First 6 Months of Operations $25,000 - $50,000
Total: $245,800 - $540,000

What about buying an existing Farm Stores?

We have existing Farm Stores available for resale, and these locations would not incur expenses for site development. However, existing locations will need to be brought up to Farm Stores 4.0 standards, which will include structural renovations and a number of technology upgrades.

Bear in mind that your initial investment for a Farm Stores will depend on a number of factors such as:

  • How many stores you acquire
  • Their location
  • Their configuration
  • Who pays the cost of developing the real estate and/or construction of the store
  • The amount and terms of the financing. Equipment leasing is available.
  • The size of the site and its municipal requirements

Interested in opening more than one Farm Stores franchise? Our territories are wide open, and in addition to targeting single and multi-unit operators, we are appealing to area developers as well!

Now that you have a feel for the numbers, let’s take a look at available development territories.

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