Type of Expenditure Amount Method of Payment When Due To Whom Payment is Made
Initial License Fee $17,123 to $46,050, per franchise Part Lump Sum, Remained in Installments The Initial Fee is payable when you sign the Franchise Agreement NHI
Initial New Business Set, Equipment and Product Package Fee $11,000 - $20,995
Marketing and Operations Package Fee $23,000
Business Vehicle $0 - $35,000 Part Lump Sum, remainder installments Prior to Opening Third Parties
Three Month's Rent $0 - $5,500 Lump Sum At Signing of Lease Third Parties
Telephone and Business License $400 - $4,000 Lump Sum Prior to Opening Third Parties
Travel Expenses while Attending Training $1,000 - $4,000 Lump Sum Prior to attending training Third Parties
Insurance $600 - $6,000 Lump Sum Prior to Opening Third Parties
Additional Funds - 3 months $2,500 - $12,000 Lump Sum As Incurred During First 3 Months Third Parties
Computer System $0 - $2,000 Lump Sum Prior to Opening Third Parties
Advertising - 3 months $1,500 - $5,000 Lump Sum As Incurred During First 3 Months Third Parties
Permits and Licenses $700 - $5,000 Lump Sum Prior to Opening Third Parties
TOTAL ESTIMATED INITIAL INVESTMENT $57,823 to $168,545
Group Ranked by Average Revenue Number of Owners Number of Franchised Areas Average Revenue/ Owner Median Revenue/ Owner Average Revenue / Job
Top 10% 9 40 $1,199,591 $1,015,059 $5,453
1st Quartile 23 99 $841,981 $688,605 $5,047
2nd Quartile 23 77 $407,669 $431,634 $3,920
3rd Quartile 23 49 $231,951 $235,085 $3,877
4th Quartile 24 48 $128,085 $127,009 $3,431
Bottom 10% 9 20 $95,820 $98,806 $3,169