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
Every line inside the range
Twelve items make up the total initial investment. Each shows the low and the high end of the range.
| Item | Low | High |
|---|---|---|
| Initial franchise fee | Low$35,000 | High$35,000 |
| Initial training expenses | Low$1,500 | High$3,000 |
| Construction costs | Low$30,000 | High$100,000 |
| Furniture, fixtures and equipment | Low$25,000 | High$35,000 |
| Architect fees | Low$1,500 | High$5,500 |
| Business licences and permits | Low$200 | High$1,000 |
| Lease, security and utility deposits | Low$4,000 | High$20,000 |
| Initial products and supplies | Low$1,000 | High$2,000 |
| Signs | Low$5,000 | High$10,000 |
| Professional fees | Low$500 | High$2,000 |
| Grand opening marketing | Low$2,500 | High$5,000 |
| Additional funds, first three months | Low$15,000 | High$20,000 |
| Total initial investment | Low$121,200 | High$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.
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.