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Estimated breakdown of start-up costs

The cost of opening a Mason’s Famous Lobster RollsTM franchise can vary dramatically depending on a number of factors: urban suburban setting; geographic area; current condition of the leased space; landlord build-out contribution; and so forth. All of these particulars, as well as others may impact your start-up costs. The actual cost of your franchise will be determined by considering all of these factors for your specific location. Based on our experience and research, we estimate that the cost to build a Mason’s Famous Lobster Rolls franchise, using our standard design, falls within the ranges that follow. This information is, with additional details, also available in our Franchise Disclosure Document, which we will provide you before you buy a franchise.

Item Estimated Low Estimated High When Due
Initial Franchise Fee $25,000 25,000 Upon Signing Franchise Agreement
Location Assistance Fee $0 $250 As Incurred, if Necessary
Leasehold Improvements $30,000 $84,000 As Incurred
Lease Payments (3 months) $10,500 $28,500 Upon Signing Franchise Agreement
Security Deposits $3,500 $7,500 Upon Signing Franchise Agreement
Furniture, Fixtures, Equipment $55,000 $70,000 As Incurred
Signage $5,000 $7,500 As Incurred
Initial Inventory $4,000 $6,000 Prior to Opening
Architectural Fees $13,000 $15,000 As Incurred
Point of Sale System $5,000 $8,000 As Incurred
Travel and Lodging $0 $3,000 As Incurred
Insurance (3 months) $400 $1,800 As Incurred
Grand Opening $3,000 $5,000 Within 90 Days After Opening
Uniforms $400 $600 Prior to Opening
Licenses and Permits $1,000 $4,500 Prior to Opening
Professional Fees $3,000 $6,500 As Incurred
Additional Funds (3 months) $10,000 $17,500 As Incurred
Total $168,600 $293,150  

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. Click to read full legal notice.