What is the total estimated initial investment range 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 City Wide franchise ranges from $226,784 to $393,084. This includes a variety of expenses, such as 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 include technology provisioning fees of $12,500, travel and living expenses during training which range from $4,000 to $10,000, and additional funds for the first three months of operation, estimated between $75,000 and $150,000.
Prospective franchisees should note that the initial investment also encompasses real estate and rent deposits, which range from $6,000 to $12,000, and leasehold improvements, which can range from $0 to $5,000 depending on the condition of the premises. Signage costs are estimated between $700 and $2,500, while furniture, fixtures, and equipment can cost between $5,000 and $16,000. Computer hardware, software, peripherals, and licensing fees range from $7,000 to $10,500. Furthermore, franchisees are required to budget for ongoing IT support services at $120 per user per month for the first 36 months, as well as monthly accounting services at $1,500, and business development services at $3,500.
Additional monthly fees include a technology development fee and IT project development fees of $1,864 and $300 respectively, along with office supplies and stationery costs ranging from $1,400 to $2,100. Recruitment advertising and services can range from $4,500 to $13,500, and insurance costs are estimated between $1,900 and $5,700. Payroll technology expenses range from $1,000 to $3,500, and professional and license fees can range from $8,000 to $12,000. It is important to note that these costs can vary based on location, the size of the franchise, and other factors. The upper range of the total investment includes three months of expenditures noted as incurred monthly.
It is crucial for potential City Wide franchisees to carefully review these estimates with a business advisor, as the actual costs may vary. Factors such as the location of the franchise, the cost of labor and materials, and specific business needs can all impact the total investment. Understanding these costs is essential for planning and securing adequate funding to successfully launch and operate a City Wide franchise.