Grillit Inc (GRLT)

[bdr61]

How much does it cost to build a Papa John's Franchise?
An average unit of 1200 – 1400 square feet, located in a strip center, costs approximately $220,000. This amount will vary depending on the size of the unit and the geographical area. Please review the Franchise Disclosure Document for more information and our current incentive program which may reduce the initial investment.

Looks like Grill It is priced just about right per your estimate. BTW their is such as thing as the landlord taking on some of the buildout to lower your start up costs. Rule of thumb in the restaurant business or any business for that matter first 2 to 5 years you are building your business.