Followers | 147 |
Posts | 34242 |
Boards Moderated | 3 |
Alias Born | 01/12/2006 |
Saturday, April 08, 2006 7:57:25 PM
INITIAL INVESTMENT
We estimate that the initial investment for a Jiffy Lube service center at a leased site will total between $214,000 and $273,000 with the following components:
Franchise Fee $35,000
Equipment, signs and fixtures $80,000 - $110,000*
Initial inventory $18,000*
First month's rent & security deposit $10,000 - $20,000*
Opening marketing expenses $15,000 - $20,000*
Insurance $10,000 - $20,000*
Training $1,000 - $5,000*
Working capital & prepaid expenses $45,000*
Total $214,000 - $273,000*
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