What are my Startup Costs?
Choose Splash and Dash for a Low Upfront Costs and Incredible Growth Potential
At Splash and Dash, our goal is to make it easy for self-driven entrepreneurs, investors, and business owners to start and grow multiple profitable locations. While we certainly don’t require our franchise owners to open multiple store fronts, Splash and Dash is perfect for those who are always challenging themselves to build more.
Why is it so easy to grow with Splash and Dash?
Put simply, our low cost franchise opportunities are affordable to start, profitable to maintain, and easy to multiply.
To start a franchise with Splash and Dash, you’ll need…
- $350,000 to $400,000 in total net worth.
- $125,000 to $150,000 in liquid assets (savings, checking, stocks and bonds, etc.)
- Self-Motivation and a passion for helping people and their pets.
If you can mobilize the funds listed above, you’re already financially qualified to start a successful Splash and Dash franchise. We do not require you to finance the entire project on your own. You can use many different financing methods. Each situation is unique, and we encourage you to choose the financing option that works best for you.
Investment chart
The chart below contains all of our investment costs. Keep in mind, these prices can vary based on many factors like location, availability, and more. There’s no way to give an exact estimate of your up-front costs, but this chart should help you estimate how much it will cost to start your Splash and Dash. If you have any questions regarding a possible franchise in your area, feel free to contact us. We’d love to help!
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial franchise fee | $60,000 – $60,000 | Lump sum | Upon signing the franchise agreement | Splash and Dash |
| Security deposits, utility deposits, business licenses, and other prepaid expenses | $250 – $1,500 | As incurred | As incurred | Landlord, utilities, government, vendors |
| Rent (one month) (see Note 2) | $3,000 – $4,500 | Lump sum | Upon signing lease | Landlord |
| Lease security deposit (see Note 2) | $3,000 – $4,500 | Lump sum | Upon signing lease | Landlord |
| Leasehold improvements (see Note 3) | $75,000 – $150,000 | Lump sum | Prior to opening | General contractor, others |
| Architectural (see Note 4) | $0 – $10,00 | As incurred | When billed | Architects / Engineers |
| Construction Project Management (see Note 5) | $17,500 – $17,500 | See Note 5 | See Note 5 | Required vendor |
| Furniture, fixtures, and equipment | $22,00 – $50,000* | As incurred | Prior to opening | Splash and Dash |
| Grooming equipment and supplies | $18,000 – $50,000* | As incurred | Prior to opening | Splash and Dash |
| Computer and point-of-sale, and audiovisual systems | $5,500 – $8,000* | As incurred | As incurred | Splash and Dash |
| Video camera system | $2,500 – $4,500 | As incurred | As incurred | Vendors and suppliers |
| Office expenses | $350 – $1,000 | As incurred | Prior to opening | Vendors and suppliers |
| Insurance (6 months) | $600 – $1,500 | Lump sum | Prior to opening | Insurance company |
| Building Signage | $7,500 – $12,500* | Lump sum | Prior to opening | Vendor |
| Opening inventory and supplies | $8,000 – $10,500 | Lump sum | Prior to opening | Splash and Dash |
| Professional fees (lawyer, accountant, etc.) | $500 – $5,000 | As incurred | As incurred | Professional service firms |
| Market introduction plan / pre- opening marketing | $10,000 – $10,000 | As incurred | When you sign a lease for your business | Splash and Dash |
| Travel, lodging and meals for initial training at our corporate headquarters and at store location | $4,000 – $6,000 | As incurred | During training | Airlines, hotels, and restaurants |
| Training fee at a current location (5 days) | $2,500 – $2,500 | Lump sum | When you sign a lease for your business | Splash and Dash |
| Additional funds (for first 3 months) (see Note 6) | $20,000 – $50,000 | As incurred | As incurred | Employees, suppliers, landlord, utilities |
| Total | $260,200 – $459,500 |
* Leasable items based on qualifications. We work with lenders that may provide up to $40,000 in leasing options.
Click ‘Next Step’ below to see how much money you could make with your Splash and Dash franchise!
Disclaimer:
* Additional details on these figures are included in the Franchise Disclosure Document (FDD).
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. An offer is made only by Franchise Disclosure Document (FDD). Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states or a country whose laws regulate the offer and sale of franchises, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.
