USE OUR “DESIGN-BUILD” OPTION OR BUILD YOUR OWN STORE?
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 financial requirements. Because there are many great prospective franchise owners with limited capital, we offer a third-party development option in many markets.
OUR “DESIGN-BUILD” OPTION MAKES OWNERSHIP AFFORDABLE
Farm Stores is offering an innovative option to new franchisees that gets you into a new store. We call this the “Design-Build” option, and it is available in many – but not all – of the markets we are rapidly expanding into.
When you become an owner in a franchise system that requires a physical store or restaurant, there is always the cost and work of acquiring the land and building the store.
Farm Stores has partnered with national and regional real estate development partners to offer an option to franchisees who opt for the Design-Build option.
These developer partners will buy the land and construct the building, then deliver a store with a long term lease and ready to get started. Project costs are covered by our “Lease Initiation Fee.”
Lease terms vary from location to location, so contact us now to learn more and get the details.
BUILD YOUR OWN
Traditional franchise investors who want to manage their financing and store development directly or make the investment in owning the land and building can certainly do so.
The estimated costs for those options are listed here. For more detailed information, please contact us to receive a copy of our FDD.
Build and Own Your Own Store
Estimated initial investment for a new store
|Initial Franchise Fee||$25,000|
|Real Estate Services Fee||$2,500|
|Site Development Costs||$0 - $200,000|
|Building Costs||$110,000 - $150,000|
|Furniture, Fixtures, Equipment||$40,000 - $60,000|
|Opening Inventory||$8,000 - $12,000|
|Licenses and Permits||$7,500 - $20,000|
|Grand Opening Advertising||$15,000|
|Miscellaneous Opening Costs||$5,000 - $51,200|
|Travel & Living Expenses while Training||$2,000 - $6,000|
|Additional Funds for First 6 Months of Operations||$15,000 - $30,000|
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.