Franchising

What an Ultimate Coders Franchise Costs

Every line item, and what it adds up to.

Franchise fee
$35,000
Total investment
$121,200 to $238,500
Average
$179,850
Ongoing8% royalty and 2% brand marketing, on gross sales

Every line inside the range

Twelve items make up the total initial investment. Each shows the low and the high end of the range.

Initial investment by line item, showing the low and high end of each
Initial franchise feeLow$35,000High$35,000
Initial training expensesLow$1,500High$3,000
Construction costsLow$30,000High$100,000
Furniture, fixtures and equipmentLow$25,000High$35,000
Architect feesLow$1,500High$5,500
Business licences and permitsLow$200High$1,000
Lease, security and utility depositsLow$4,000High$20,000
Initial products and suppliesLow$1,000High$2,000
SignsLow$5,000High$10,000
Professional feesLow$500High$2,000
Grand opening marketingLow$2,500High$5,000
Additional funds, first three monthsLow$15,000High$20,000
Total initial investmentLow$121,200High$238,500

The sum of the twelve lines above. Average across the range: $179,850.

Ongoing fees

Royalty, on gross sales
8%
Brand marketing, on gross sales
2%

Both are calculated on gross sales, not on any other measure, and both are payable from the month you open.

What the table does not include

These are real costs a franchisee carries, and they sit outside the initial investment range above.

  • Rent and monthly operating costs once you are trading
  • Your own salary or drawings
  • Interest and fees on any financing you arrange
  • Your own legal and accounting advice on the disclosure document
  • Travel and accommodation during training
  • Applicable taxes

Financing

Financing is available through small business loans, and we have partner banks who know the model. We will introduce you when you reach the planning stage, and you arrange your own terms directly with the lender.

From signing the agreement to opening day.
Four to eight months
The footprint of a single centre.
1,000 to 1,600 sq ft

Ask us about the numbers

Send us your market and we will walk through the range for that space, line by line.

Or speak to us directly
1-844-326-3377

1-844-3CODERS

[email protected]

We reply within two business days. Your details are not shared with anyone outside Ultimate Coders.

This is not an offer to sell a franchise. An offer is made only through a franchise disclosure document delivered in accordance with applicable provincial law.