Investment Details

Investment Details

TOTAL Start-Up Investment: $200,000 – $350,000

 

Contract Term: 5 years (renewal fee is $1500)

 

Net worth of a typical center: $1,000,000 average gross revenue

 

SOS Franchising does not offer any financing arrangements to you. We are currently listed on the SBA Franchise Directory and are able to refer you to lenders that have served past franchisees. Generally, an SBA Loan requires 20% down and a credit score of over 700. After you sign the FDD, we may review and comment on any business plan that you create for the purposes of obtaining a start-up loan.

Total Start Up Investment:

All the money you’ll need to open a

Success On The Spectrum franchise and run it for 4 months.

We supply you with a complete purchase list and guidelines.

Franchise Fee $20,000

The Initial Franchise Fee is a one-time, lump sum payment to SOS Franchising at the time the Franchise Agreement is signed (Non refundable)

System Advertising
Fees (x 4 months)
$400

$100/month paid to SOS Franchising. Starts when first client is served. System advertising fee is used for evaluation of new services, technologies, equipment, product development, market research, media production costs, preparing advertising, promotion and marketing materials

Local Advertising Fees (x 4 months) $300

You must spend a minimum of $300 per quarter on local advertising. You must report your local advertising expenditures to SOS Franchising

Monthly Royalty
Fees (x 4 months)
$2,000

Monthly royalty fees paid to SOS Franchising starts when first client is served. The first year open is $500/month, the second year open is $700/month, every month after that is $900/month

Travel / Lodging $5,000

You and 2 other key employees must attend the Initial Training for 2 weeks at our corporate office in Houston TX. You are responsible for your own travel, lodging and food expenses.

Leasehold
Improvements
$25,000

Varies, but we estimate you will pay between $0 - $50,000 in construction cost before moving into your office space. You may also have to get a construction permit from the city

Rent
(x 4 months)
$65,000

Varies, but we estimate you will pay between $10,000-$15,000 per month in rent for 3500-5000sqft. This number includes a deposit and 4 months of rent.

Utilities
(x 4 months)
$6,000

Varies, but we estimate you will pay about $1500/mo for electricity, phones, internet, water, trash, etc

Signage $6,000

Varies, but we estimate you will pay between $2,000-$15,000 to put signs outside your building, on your front door, and inside your lobby. You may also have to get a sign permit from the city

Technology $11,000

Varies, but we estimate you will pay between $8,000-$15,000 for computers or laptops, tablets, printers, copier, scanner, router, modem, flat screen televisions, camera surveillance system, phones

Software (x 4 months) $2500

Varies, but we estimate you will pay between $1500-$3000 for Anti-virus / Anti-Malware, Billing Software, Data Collection software, Electronic Medical Records, Email, etc

Furniture $14,000

Varies, but we estimate you will pay between $5,000-$30,000 for desks, chairs, toys, decor, fridge, etc

Office Supplies $5,000

Varies, but we estimate you will pay between $4,000-$6,000 to stock office supplies such as ink, paper, clip boards, paper shredder, laminators, etc

Grand Opening $2,000

Varies, but we estimate you will pay between $1,000-$3,000 for your grand opening party, including marketing, food, decorations, activities, DJ, etc

Payroll
(x 4 months)
$100,000

Varies, but we estimate you will pay a BCBA $6,500/mo, RBTs $10,000/mo, office manager and yourself $8,000/mo

Uniforms $500

You must purchase uniforms from SOS Distribution for each RBT

Insurance
(x 4 months)
$2400

Varies, but we estimate you will pay $600/mo for Insurance. We will provide you with the guidelines for purchasing General liability, Professional liability, property insurance, business interruption insurance, and workers comp insurance

Just In Case $30,000

It’s always good to have additional funds for unexpected operating expenses and cash flow

TOTAL $200,000 - $350,000