What is the estimated cost range for signage for an Afuri Ramen Dumpling franchise?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
nit Franchise)**
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is Made | |---|---|---|---|---| | Initial Franchise Fee1 | $45,000 | Cash, Certified Check or Wire Transfer | Upon execution of the Franchise Agreement | Us | | Rent and Security | Varies | As Incurred | As Incurred | Landlord | | Deposit | | | | | | – 3 months2 | | | | | | Pre-Construction Costs (Architect, Plans, Permits)3 | $11,000 to $30,000 | As Incurred | As Incurred | Suppliers, Government Agencies | | Construction, Remodeling and Leasehold Improvements4 | $200,000 to $400,000 | As Arranged | As Incurred | Vendors or Contractors | | Point of Sale | $5,000 to $20,000 | As Incurred | As Incurred | Suppliers | | System | | | | | | (Initial Payment)5 | | | | | | Equipment, Fixtures, Furnishings, Décor, and Supplies6 | $90,000 to $180,000 | As Incurred | Before Opening | Suppliers |
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is Made |
|---|---|---|---|---|
| Initial Inventory7 | $6,000 to $10,000 | As Incurred | As Incurred (Before Opening) | Suppliers |
| Signage8 | $7,000 to $15,000 | As Incurred | Before Opening | Suppliers |
| Wages for Employees - 3 months | $150,000 to $240,000 ($50,000 to $80,000 per month) | As Incurred | As Incurred | Employees |
| Out-of-Pocket Expenses During Training9 | $6,000 to $10,000 | As Incurred | During Training | Airlines, Hotels, Restaurants, etc. |
Source: Item 7 — Estimated Initial Investment (FDD pages 16–22)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the estimated cost for signage for a first single unit franchise ranges from $7,000 to $15,000. This expenditure is expected to be incurred before opening and is payable to suppliers.
For franchisees purchasing multiple units, the estimated cost for signage is lower, ranging from $5,000 to $8,000. As with a single unit franchise, this cost is incurred before opening and is paid to suppliers.
It is important to note that these are only estimates, and the actual cost may vary. Franchisees should carefully consider these costs and consult with their business advisors before making any decisions.