What is the range for the estimated total initial investment for a City Wide franchise?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure1 | Amount | payment | When Due | is to be Made |
|---|---|---|---|---|
| Initial Franchise Fee2 | $70,000 | Lump Sum | At Signing of Franchise Agreement | CITY WIDE |
| Initial Training Fee | $7,500 | Lump Sum | At Signing of Franchise Agreement | CITY WIDE |
| Initial Territory Fee3 | $15,000 to $50,000 | Lump Sum | At Signing of Franchise Agreement | CITY WIDE |
| Technology Provisioning | $12,500 | Lump Sum | At Signing of | CITY WIDE |
| Fee4 | Franchise Agreement | |||
| Travel and Living Expenses While Training5 | $4,000 to $10,000 | As Incurred | During Training/ Before Opening | Airlines, hotels, Restaurants, Car Rental Companies, and other vendors |
| Real Estate / Rent Deposit6 | $6,000 to $12,000 | As Arranged | Before Opening | Your Landlord |
| Leasehold Improvements7 | $0 to $5,000 | As Arranged | Before Opening | Landlord, Contractors, and Vendors |
| Signage8 | $700 to $2,500 | As Arranged | Before Opening | Approved Suppliers and Vendors |
| Utility and Security | $0 to $3,000 | As Arranged | Before Opening | Landlord and Utility |
| Deposits9 | Companies | |||
| Furniture, Fixtures, and | $5,000 to $16,000 | As Arranged | Before Opening | Approved Suppliers |
| Equipment10 | and Vendors | |||
| Computer Hardware, | $7,000 to $10,500 | As Arranged | Before Opening | CITY WIDE |
| Software, Peripherals and | ||||
| Licensing Fees11 | ||||
| IT Support Services12 | $120 per user per month for the first thirty-six months of operations for ongoing IT desktop services and support. | As Arranged, Monthly | Before Opening | CITY WIDE |
| Accounting Services13 | $1,500 | Monthly | Upon Opening | CITY WIDE |
| Business Development | $3,500 | Monthly | Upon Opening | CITY WIDE |
| Services14 | ||||
| Technology Development | $1,864 | Monthly | Upon Opening | CITY WIDE |
| Fee and IT Project | ||||
| Development Fees15 | ||||
| IT Project Development | $300 | Monthly | Upon Opening | CITY WIDE |
| Fees 15 | ||||
| Office Supplies and | $1,400 to $2,100 | Monthly | Upon Opening | CITY WIDE |
| Stationery16 | ||||
| Amount | Method of | When Due | To Whom Payment | |
| Type of Expenditure1 | payment | is to be Made | ||
| Recruitment Advertising | $4,500 to $13,500 | As Arranged | As Arranged | CITY WIDE and |
| and Services17 | Various Providers | |||
| Insurance18 | $1,900 to $5,700 | Installment/As Arranged | Monthly/As Arranged, A Portion Before Opening | Insurance Company |
| Payroll Technology19 | $1,000 to $3,500 | As Arranged | As Incurred | Required Suppliers |
| Professional Fees and License Fees20 | $8,000 to $12,000 | As Arranged | As Incurred | Approved Suppliers, Governmental Agencies, Accountants, Attorneys |
| Additional Funds21 | $75,000 to $150,000 | As Incurred | As Incurred | Various Providers, Suppliers and Employees |
| TOTAL22 | $226,784 to 393,084 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–24)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the estimated total initial investment to open a franchise ranges from $226,784 to $393,084. This total encompasses various expenses that a new franchisee will incur when starting the business. These expenses include the initial franchise fee of $70,000, an initial training fee of $7,500, and an initial territory fee ranging from $15,000 to $50,000.
Other significant costs contributing to the total investment include technology provisioning fees of $12,500, travel and living expenses during training estimated between $4,000 and $10,000, and real estate/rent deposits ranging from $6,000 to $12,000. Leasehold improvements can add anywhere from $0 to $5,000, while signage is estimated to cost between $700 and $2,500. Furniture, fixtures, and equipment are projected to require an investment of $5,000 to $16,000, and computer hardware, software, peripherals, and licensing fees range from $7,000 to $10,500.
Additional operational costs factored into the total include office supplies and stationery, estimated between $1,400 and $2,100, recruitment advertising and services ranging from $4,500 to $13,500, and insurance costs between $1,900 and $5,700. Franchisees must also budget for payroll technology, with costs ranging from $1,000 to $3,500, and professional and license fees estimated between $8,000 and $12,000. A substantial portion of the initial investment is allocated to additional funds for working capital, estimated between $75,000 and $150,000, to cover operating expenses for the first three months of operation. It is important to note that this figure may not cover all working capital needs beyond this initial period.