What is the average cost of a Smiling Moose Deli?
The costs are better expressed in ranges rather than averages, because there are several variables such as square footage, geographic location, tenant improvement allowance, etc. That said, we see our cost of entry ranging from $220,000 to $405,000. This includes the initial franchise fee, furniture, fixtures, equipment, leasehold improvements, pos system, signage, grand opening advertising, miscellaneous other costs and some working capital. In the fast casual niche, we feel these are very attractive parameters, especially when compared to our average store sales.
