"WT Café - Freshest New Franchise Concepts"− Entrepreneur Magazine
As one of Entrepreneur Magazine’s “Freshest New Franchise Concepts,” we are currently looking for energetic franchisees. Now is the Right Time to invest in a WT Café – we have more than 1,000 available territories, now is the time to make a territory yours!
The startup costs for a WT Café Franchise range from $88,150-$270,250 which includes the $37,500 initial franchise fee. We keep startup costs affordable because our scalable model allows staff to grow as business grows. We have opportunities with third party providers to explore financing opportunities.
The franchise fee covers all initial costs to launch a WT Café, along with training, education, franchise support and rights to use the brand over the 10-year term of the franchise agreement. You must also meet our minimum financial requirements: all franchise owners must have good credit, a minimum of $150,000 liquid funds available to invest, and a minimum personal net worth of $350,000.
Below is a comprehensive list of all the expenses you can reasonably expect to incur as you open the business and operate the business for at least the first three months:
|Item||Estimated Costs||Method of Payment||When Due||To Whom Paid|
|Initial Franchise Fee||$27,500 – $37,500||Lump Sum||On signing Franchise Agreement||Us|
|Proprietary Software License Fee||$10,000||Lump Sum||On signing Franchise Agreement||Us|
|Rent – 3 Months||$3,000 – $15,000||As determined per lease agreement with Landlord||Before opening||Landlord|
|Security Deposits||$0 – $2,000||As determined per lease agreement with Landlord||As arranged||Landlord, Utility Companies|
|Leasehold Improvements||$0 – $1,000||As arranged||As arranged||Contractors|
|Equipment and Fixtures||$0 – $80,000||As arranged||As arranged||Approved Suppliers|
|Computer System||$1,000 – $3,000||As arranged||As arranged||Suppliers|
|Insurance – 3 Months||$900 – $2,200||As arranged||As arranged||Insurance Companies|
|Permits and Licenses||$0 – $800||As arranged||As arranged||Government Agencies|
|Initial Inventory||$8,000 – $20,000||As arranged||As arranged||Approved Suppliers|
|Signage||$0 – $2,000||As arranged||As arranged||Approved Suppliers|
|Grand Opening Advertising||$5,000 – $10,000||As arranged||As arranged||Approved Suppliers|
|Travel Expenses for Training||$0 – $4,500||As arranged||As incurred||Airlines, Hotels, Business Employees|
|Professional Fees||$2,500 – $5,000||As arranged||As arranged||Attorney, Accountant|
|Delivery Vehicle||$0 – $24,000||As arranged||As arranged||Approved Supplier|
|Vehicle Wrap||$1,500 – $3,500||As arranged||As arranged||Approved Supplier|
|Kitchen Rental – 3 Months||$3,750 – $6,750||As arranged||As arranged||Third Party|
|Additional Funds||$25,000 – $43,000||As arranged||As arranged||Various|
|TOTAL||$88,150 – $270,000|
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Our experts will contact you directly to answer all your questions and get you started on a path to WT Café Franchise ownership!