Rev. 2026-08-15

Shah's Halal Food — Item 7

Shah's Halal Food estimated initial investment $197,000–$405,000, Full-sized restaurant, 1,200–2,000 sq ft. Line items from the filing.

Figures from FDD issued 10 April 2024, disclosure year 2024. The labels and amounts below follow the filing rather than a standardized restaurant budget.

$197,000–$405,000Estimated initial investment
3 monthsStated working-capital period
15Disclosed line items

Full-sized restaurant, 1,200–2,000 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.

Line items as filed

Type of expenditure Low High
Initial Franchise Fee $30,000 $30,000
Travel Expenses to Attend Training $2,000 $20,000
Real Property $3,000 $10,000
Build-Out/Construction $80,000 $160,000
Fixture Package $30,000 $50,000
Initial Inventory $10,000 $30,000
Marketing Supplies $2,000 $7,000
Signage $10,000 $28,000
Computer Hardware $4,000 $6,000
Insurance $6,000 $10,000
Licenses $1,000 $3,000
Grand Opening Campaign $1,000 $5,000
Legal & Accounting $3,000 $6,000
Miscellaneous Opening Costs $5,000 $15,000
Additional Funds - 3 Months $10,000 $30,000
Total printed in filing $197,000 $405,000

Arithmetic note. The high column of the fifteen line items sums to $410,000. The filing prints a total of $405,000, and the cover page repeats that total. The gap is in the document.

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.

Read the amount beside the original footnotes, payment timing, and recipient columns in the FDD. Then reconcile it to the actual lease, site survey, construction scope, equipment quotes, opening schedule, and monthly cash model. The guides to reading Item 7, range interpretation, and working capital explain that sequence.

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?