375° Chicken 'n Fries — Item 7

375° Chicken 'n Fries estimated initial investment $324,100–$521,500, Single outlet, 800–1,500 sq ft. Line items from the filing.

Figures from FDD issued 30 April 2024, disclosure year 2024. The labels and amounts below follow the filing rather than a standardized restaurant budget.

$324,100–$521,500Estimated initial investment
3 monthsStated working-capital period
15Disclosed line items

Single outlet, 800–1,500 sq ft. This format statement belongs with the range: footprint, site type, and development commitment can make a similarly named row cover a different project in another filing.

What this table is

An 800–1,500 square-foot chicken outlet, the other compact one-shop box in this set. Item 19 is an unaudited income statement for the affiliate that operates the restaurants, with 2023 results stated across two corporate shops. Two corporate shops are not a franchisee average. Five total units at year-end 2023 are a short calling list.

Line items as filed

Type of expenditure Low High
Initial Franchise Fee $40,000 $40,000
Your Training Expenses $100 $5,000
Lease & Utilities deposits $10,000 $30,000
Architectural Plans $8,000 $12,000
Leasehold Improvements $100,000 $200,000
Furniture $100,000 $120,000
Signage $10,000 $12,000
Business Licenses and Permits $2,000 $5,000
POS System $4,000 $6,000
Initial Inventory $5,000 $10,000
Professional Fees $2,000 $5,000
Grand Opening Advertising $10,000 $10,000
Insurance $2,500 $5,000
Computer Systems $500 $1,500
Operating Expenses / Additional Funds - 3 months $30,000 $60,000
Total printed in filing $324,100 $521,500

What this table can and cannot compare

The table answers what this filing put into Item 7. It does not establish a contractor's price, a lender's uses schedule, or the cash needed through break-even. Rows such as a restaurant or fixture package should remain bundled unless the filing itself breaks them apart. A disclosed zero remains zero; a cost the filing does not state remains absent rather than being estimated here.

How a consultant should brief this table

  1. Name the format and filing year before the total. A 1,200 sq ft counter shop and a full restaurant are different projects even when the ranges overlap.
  2. Keep the original row labels. Do not split a restaurant package into guessed equipment and construction lines.
  3. Read every footnote against the low column. A $0 low estimate is usually an assumption about the site, not a free cost.
  4. Add both columns yourself. If the lines do not equal the printed total, record both numbers and stay with the document.
  5. Replace the table with a site budget: lease and landlord work, contractor scope, equipment quotes, opening inventory, and cash through the stated additional-funds period.

Carry the same questions to reading Item 7, range interpretation, the printable worksheet, and working capital.

Questions to carry into diligence

  • Which low-end assumptions depend on a reusable site, landlord contribution, discount, or smaller format?
  • Which freight, tax, installation, design, permit, and pre-opening costs sit inside a package?
  • What begins rent, and which occupancy costs continue beyond the initial period?
  • How did recent franchisees' actual opening costs and ramp periods differ from this estimate?