Investment Criteria

Name of Expenditure

Estimated Amount

When Due

Method of Payment

Whether Refundable

Payment To

Initial Franchise Fee 1

$35,000

Upon signing the Franchise Agreement &, if applicable, Development Rights Rider

Lump Sum Check or Cash

Partially refundable under certain circumstances
(see Item 5)

Franchisor (Chocolate Bar Restaurants, LLC)

Real Estate/Rent2
(1 Month)

$5,500 - $25,000

As Incurred

As Agreed

No

Landlord

Real Estate Security Deposit

$10000 - $25,000

As Incurred

As Agreed

No

Landlord

Leasehold Improvements3

$125,000 - $350,000

As Incurred

As Agreed

No

Outside Suppliers

Furniture, Fixtures, Equipment, Signs4

$185,000 - $250,000

As Incurred

As Agreed

No

Outside and Our Suppliers

Architect

$18,000+

As Incurred

As Agreed

No

Architect

Office Equipment5

$2,500

As Incurred

As Agreed

No

Outside Suppliers

Utility Deposits6

$1,000 - $5,000

As Incurred

As Agreed

Yes

Utility Companies

Opening Inventory & Supplies7

$39,000 - $52,000

As Incurred

As Agreed

No

Designated & Approved Suppliers

Grand Opening Marketing8

$9500

As Incurred

As Incurred

No

Advertising Sources

Training Expenses 
(Out-of-pocket cost 
for 2 people)

$6,000 - $10,000

As Incurred

As Incurred

No

Third Parties

Insurance9

$4,500 - $9,500

As Incurred

As Incurred

No

Insurance Company

Misc Expenses10

$2,000 - $10,000

As Incurred

As Incurred

No

Advisors and others

Additional Funds -
3 Months11

$35,000 - $75,000

As Incurred

As Incurred

No

Advisors and others

 

 

 

 

 

 

Ongoing

Royalties - 4%
Advertising - 1%

Monthly

Bank Transfer

No

Franchisor (Chocolate Bar Restaurants, LLC)

 

 Buffalo

 Mon-Thurs:  11am - 11pm

 Fri-Sat:  11am - 1am

 Sun:  3pm - 11pm

 
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Washington DC

Cleveland

Mon-Thurs:  11am - Midnight

Fri-Sat:  11am - 2am

Sun:  3pm-10 pm

**Sunday Chocolate Brunch 10am-2pm **

Huntsville

Mon-Thurs: 11am - 10Pm

Fri-Sat: 11am - Midnight

Sun: 3pm-10 pm

Kuwait

 

Mon-Sun 8.30-11.30Pm

 

 

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