What is the estimated low cost for signage for an All States M.E.D. franchise?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Expenditure | Method of Payment | When Due | To Whom Payment is to be Made | ||
|---|---|---|---|---|---|
| Low | High | ||||
| Initial Franchise Fee1 | $100,000 | $100,000 | As arranged | Upon signing your Franchise Agreement | To us |
| Traveling and Living | $2,000 | $3,000 | As arranged | As incurred | Third parties |
| Expenses while Training2 | |||||
| Real Property Rent | $3,000 | $8,000 | As arranged | As incurred | To your landlord |
| Deposits and Pre-Paid | |||||
| Expenses3 | |||||
| Construction of Leasehold | $1,000 | $5,000 | As arranged | As incurred | Contractors |
| Improvements4 | |||||
| Furniture and Fixtures5 | $3,500 | $7,500 | As arranged | As incurred | Third parties |
| Equipment6 | $20,000 | $30,000 | As arranged | As incurred | Third parties |
| Computer Hardware and | $4,000 | $6,500 | As arranged | As incurred | Third parties |
| Software7 | |||||
| Office Supplies8 | $1,000 | $2,500 | As arranged | As incurred | Third parties |
| Uniforms9 | $500 | $1,500 | As arranged | As incurred | Third parties |
| Signage10 | $2,000 | $5,000 | As arranged | As incurred | Third parties |
| High-Ceiling Van with | $5,000 | $10,000 | As arranged | As incurred | Third parties |
| Liftgate11 | |||||
| Grand Opening | $3,000 | $10,000 | As arranged | As incurred | Third parties |
| Advertising12 | |||||
| Business Licenses and | $500 | $1,500 | As arranged | As incurred | Third parties |
| Permits13 | |||||
| Insurance (3 Months)14 | $500 | $1,500 | As arranged | As incurred | Insurance company |
| Professional Fees15 | $2,500 | $3,500 | As arranged | As incurred | Attorneys/accountants |
| Additional Funds | $40,000 | $60,000 | As arranged | As incurred | Employees, suppliers, |
| (3 months)16 | utilities, lessors, etc. | ||||
| Total17 | $188,500 | $255,500 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–18)
What This Means (2024 FDD)
According to All States M.E.D.'s 2024 Franchise Disclosure Document, the estimated low cost for signage is $2,000. The cost of signage can vary depending on factors such as the type, size, and location of the signs. Municipal restrictions may also affect the cost.
This initial investment is paid to third parties and is due as incurred. It's important to note that this is just an estimate, and the actual cost may be higher or lower depending on the specific circumstances of the franchise location.
Prospective franchisees should carefully consider these potential costs and factor them into their overall budget when evaluating the All States M.E.D. franchise opportunity. It would be prudent to research local signage costs and regulations to develop a more accurate estimate for their specific location.