The Investment
The total investment to open a TAB franchise starts at only $77,130, including 3 months of working capital.
The Investment Breakdown is as follows:
TYPE OF EXPENDITURE
AMOUNT
METHOD OF PAYMENT
WHEN DUE
TO WHOM PAYMENT IS MADE
Initial Franchise Fee
$44,000
Cash or Certified Funds
Upon Signing Franchise Agreement
TAB
Initital Training Fee
$24,500
Cash or Certified Funds
Upon Signing Franchise Agreement
TAB
Marketing Fee
$2,500
Cash or Certified Funds
Upon Signing Franchise Agreement
TAB
Initial Miscellaneous Marketing Campaign Expenses
$4,000 - $6,000
As Agreed
As Incurred
Suppliers
Mentor's Travel and Living Expenses 2
$0 - $4,000
As Agreed
As Incurred
Restaurants, hotels, airlines, etc.,
Your Travel and Living Expenses during Initial Training Program 3
$0 - $5,000
As Agreed
As Incurred
Restaurants, hotels, airlines, etc.,
Equipment4
$0 - $2,400
As Agreed
Within 30 days of signing the Franchise Agreement
Suppliers
Supplies, Stationery and Business Cards 5
$250 - $500
As Agreed
As Incurred
Suppliers
Deposits and Licenses6
$0 - $600
As Agreed
As Incurred
Third parties
Website Fees for 3 months from the start of Service Offering
$180
As Agreed
As Incurred
Suppliers
Accounting and Professional Fees7
$0 - $3,500
As Agreed
As Incurred
Professionals
Additional Funds for first 3 months after the start of Service Offering8
$1,700 - $2,225
As Agreed
As Incurred
Suppliers, insurance carriers, restaurants, hotels, airlines or other third parties
TOTAL ESTIMATED INITIAL INVESTMENT9
$77,130 - $95,405
Would you like to learn more?
How do I finance my business?
Franchisees finance their businesses in multiple ways, with the most common sources of financing being the:
- Small Business Administration (SBA) loan program
- ROBS (Rollover as Business Start Ups), also known as “401 (k) Rollover”
- Home equity line of credit (HELOC)
- Self-funding
