Investment & Capital Requirements

Investment

Your complete investment will depend on your location, restaurant size, and the extent of renovation required. Additional capital requirements are provided in our franchise brochure.

Capital Requirements

The cost of opening each new Silver Mine SubsĀ® franchised restaurant will vary depending on the size of the leased space, equipment costs, leasehold improvements, utility deposits, and other various costs that will be influenced or determined by the geographic location of the restaurant. Actual cash requirements will fluctuate based upon the net worth and credit worthiness of each individual applicant. (See item 7 in Silver Mine SubsĀ® FDD for further details. All estimated funds are expressed in U.S. dollars.)

Single Location Five Unit Location Development
Franchise Fee $20,000 $75,000

($15,000 per store with first store paid in full and half of the remaining stores paid at the time of executing the development agreement. remaining franchise fee to be paid upon the execution of each individual franchise agreement)**
Initial Inventory $2,000 to $4,000 $2,000 to $4,000
Architecture and Design $5,000 to $7,500 $5,000 to $7,500
Real Estate/Rent $1,500 to $4,000/mo $1,500 to $4,000/mo
Real Estate Security Deposit $1,500 to $4,000 $1,500 to $4,000
Utility Deposit

(Gas, Electric, Phone)
0 to $2,000 0 to $2,000
Leasehold Improvements $50,000 to $85,000 $50,000 to $85,000
Furniture, Signage, Decor $10,000 to $25,000 $10,000 to $25,000
Equipment, Smallwares* $45,000 to $65,000 $45,000 to $65,000
POS System $22,500 to $25,000 $22,500 to $25,000
Insurance $2,500 to $10,000 $2,500 to $10,000
Training

(2 people food and lodging for 3 weeks)
$3,000 to $7,500 $3,000 to $7,500
Grand Opening $3,500 $3,500
Additional Funds

(Working Capital)
$30,000 to $50,000 $30,000 to $50,000
Approximate Totals $197,000 to $313,000 $225,500 to $340,000

Royalty Fee: 6% of Gross Sales
Advertising Fee: 4% (National and Local Contribution) Deposited via Ach to SMSFI Ad Fund
Term: Ten (10) Years
Renewal: One Ten-Year (10) Term
**Excluding the initial development franchise fee, these approximate expenses will be incurred for each location developed, plus the balance of the franchise ($7,500) for each executed franchise agreement.

*Manufacturer Prices subject to change.