What is the estimated high cost for Furniture, Fixtures and Equipment for a Deka Lash franchise?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Fee | Estimated | Estimated | Method of | When Due | To Whom Payment |
|---|---|---|---|---|---|
| Amount Low | Amount High | Payment | is to be Made | ||
| Initial Franchise Fee (Note 1) | $59,900 | $59,900 | Wire / ACH | Upon entering into franchise agreement | Us |
| Operations Onboarding & First Studio | $5,450 | $5,450 | Wire / ACH | Upon entering into | Us |
| Opening Support Fee (Note 2) | franchise agreement | ||||
| Initial Staff Training & Certification | $3,750 | $3,750 | Wire / ACH | Upon entering into | Us |
| (Note 3) | franchise agreement | ||||
| New Franchisee Training Travel, | $300 | $3,000 | As Arranged | Before Opening | Third-party vendors |
| Meals & Lodging (Note 4) | |||||
| Design / Architectural Plans (Note 5) | $1,000 | $5,000 | As Arranged | Before Opening | Third-party vendors |
| Leasehold Improvements & Project | $75,000 | $150,000 | As Arranged | Before Opening | Third-party vendors |
| Management (Note 6) | |||||
| Rent & Security Deposits (Note 7) | $12,000 | $25,000 | As Arranged | Monthly | Landlord & Third- party suppliers |
| Signage (Note 8) | $5,000 | $10,000 | As Arranged | Before Opening | Third-party vendors |
| Furniture, Fixtures and Equipment | $60,000 | $86,000 | As Arranged | Before Opening | Third-party vendors |
| (Note 9) | |||||
| Flooring (Note 10) | $5,000 | $8,000 | As Arranged | Before Opening | Third-party vendors |
| Computers and Hardware (Note 11) | $2,000 | $5,000 | As Arranged | Before Opening | Third-party vendors |
| Start-up Supplies / Inventory (Note 12) | $13,500 | $13,500 | As Arranged | Before Opening | Us & Third-party vendors |
| Grand Opening / Marketing (Note 13) | $9,000 | $12,000 | As Arranged | Before Opening | Us & Third-party vendors |
| Insurance & Permits (Note 14) | $3,250 | $7,500 | As Arranged | As incurred | Third-party vendors |
| Professional Fees (Note 15) | $1,250 | $3,750 | As Arranged | As incurred | Third-party vendors |
| Utilities (Note 16) | $500 | $1,500 | As Arranged | As incurred | Third-party utilities |
| Payroll (Note 17) | $23,000 | $35,000 | As Arranged | Bi-Weekly or Semi- Monthly | Employees |
| Additional Funds (Note 18) | $6,000 | $15,000 | As Arranged | As incurred | Us & Third-party Vendors |
| TOTAL (Note 19) | $285,900 | $449,350 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the estimated high cost for Furniture, Fixtures, and Equipment is $86,000. This figure is part of the total estimated initial investment for a single Deka Lash franchise, which ranges from $285,900 to $449,350. The cost covers the specified studio furniture, fixtures, and equipment that Deka Lash requires franchisees to use.
The FDD notes that the estimated initial investment is based on studios that have 3 to 5 beds. The cost also includes shipping and lighting. However, franchisees will incur additional costs to have these items installed in their studio. These installation costs can vary depending on the number of beds and the extent of furnishing in the common areas of the studio.
Prospective franchisees should carefully consider these costs and obtain detailed quotes for furniture, fixtures, equipment, shipping, and installation to develop a realistic budget. It is important to note that these figures are estimates, and actual costs may vary. Franchisees should also confirm with Deka Lash the specific requirements for furniture, fixtures, and equipment to ensure accurate budgeting.