Start Up Information

Dollars & Sense

Overview of the typical investment required to open a fun and exciting G'nosh studio.

  Similar
Franchise
G'nosh
Partnership
Initial Partner Fee
[Franchise Fee]
$55,000 $30,000
Travel & Training Expense $2,500 $2,500
Real Estate & Improvements $5,000 - $8,000 -0-
Lease
[first 3 months]
$15,000 - $30,000 -0-
Insurance
[incl. general liability and worker's comp at levels specified]
$1,400 - $2,800 -0-
Exterior Signage $3,500 - $5,000 -0-
Grand Opening Advertising $5,000 -0-
Prepaid Expenses
[City, County, State, Landlord]
$2,500 - $5,000 -0-
Organizational Costs
[Legal, Utilities]
$2,500 - $5,000 -0-
Working Capital
[Minimum 3 months required during business setup -
Incl payroll, payroll liabilities, utilities, advertising, inventory, etc.]
$10,000-$20,000 -0-




TOTAL ACTUAL INVESTMENT $102,500-$137,500
$32,500


Start Up Facts

Investment: Total investment is $30,000. Investment is due upon signing the Managing Partner agreement.
Turn-key business is delivered and installed
Average total cost to open a franchise business is $285,000.
Average time from signing a partner agreement to opening your studio is about 3 months. This timing is dependent on securing a location.
Start-up & initial training support include:
  • Location hunting
  • Demographic reports
  • Lease negotiation
  • Equipment purchased, delivered and installed
  • Five days of on-site training
  • Team of opening trainers
  • 30 day post-opening visit
  • 6 month visit
  • 12 month visit
Our Corporate Real Estate expert and our network of real estate professionals nationwide will work with you on securing your location.
Joint Venture Partner to take you through the process from lease-signing to operating your studio.
We recommend 2,500 to 3,000 square feet for your studio.
Our Target Territory contains approximately 85,000 people in a five-mile radius.
Term of the partner agreement is five years.

 

Step 3: Partner Application