4. INVESTMENT
The following costs are excerpted from KLA Schools® Franchise Disclosure Document and are estimated. The initial franchise fee is $60,000 to open a KLA School.
To open a KLA Schools franchise in the United States, you must have $300,000 minimum in liquid funds available to invest.
Type of Expenditure
|
Estimated Low
|
Estimated High
|
| Franchise Fee |
$60,000
|
$60,000
|
| Site Selection Fee |
$20,000
|
$20,000
|
| Real Estate |
$187,500
|
$732,250
|
| Grand Opening Advertising |
$53,000
|
$105,000
|
| Furniture, Fixtures & Equipment |
$170,000
|
$258,000
|
| Insurance |
$6,000
|
$18,000
|
| Training |
$4,500
|
$8,000
|
| Legal & Accounting |
$1,500
|
$3,000
|
| Additional Funds - 3 Months |
$75,000
|
$150,000
|
TOTAL
|
$577,5000
|
$1,354,250
|
|
|
|
