What Are My Startup Costs?
A look at the startup costs for a BlueGrace third-party logistics franchise
Our initial franchise fee for national locations is $82,500, while it is $22,000-$38,000 for territorial locations.
A territorial franchisee may open more than one location as long as it is in that territory. The franchisee would have rights to that territory without anyone else from BlueGrace working inside except for the franchisees who are nationally based. Price for the territorial franchise varies based on square mileage, business density, and business demographics. This model is ideal for franchisees handling small or midsize businesses. A national model franchise has no geographical limitations within the United States. National models allow further networking outside of one’s geographical area; e.g., a BlueGrace franchisee building a relationship with a distributor 1,000 miles away via a local manufacturer.
Here’s a look at BlueGrace franchise costs:
Estimated initial startup costs
|Type of Expenditure||Amount||Method of Payment||When Due||To Whom Payment is Made|
|Total||$39,500.00 - $181,250.00|
|Initial Franchise Fee||National franchise -|
Territory franchise -
$22,000.00 - $38,000.00
|Lump sum||At signing of Franchise Agreement||Franchisor|
|Construction, Leasehold Improvements, Furniture and Fixtures||$0 - $20,000.00||As incurred||Before opening||Third-party providers|
|Office Equipment||$500.00 - $2,000.00||Lump sum||Before opening||Third-party providers|
|Computer and Software||$1,000.00 - $7,500.00||Lump sum||Before opening||Third-party providers|
|Rent||$2,000.00 - $8,000.00||As incurred||Before opening||Landlord|
|Utility Deposits||$500.00 - $1,000.00||As incurred||Before opening||Utility providers|
|Insurance Deposits and Premiums||$1,500.00 - $2,250.00||As arranged||Before opening||Insurance company|
|Pre-Opening Travel Expense||$1,500.00 - $3,000.00||As incurred||Before opening||Airline, hotel, restaurants|
|Pre-Opening Labor||$0 - $3,500.00||As incurred||Before opening||Employees|
|Professional Fees||$2,500.00 - $10,000.00||As arranged||Before opening||Attorneys, accountants|
|Business Permits and Licenses||$500.00 - $1,500.00||As incurred||Before opening||Licensing authorities|
|Additional Funds - 3 Months||$7,500.00 - $40,000.00||As incurred||After opening||Various|
|Vehicle Lease or Payments||Optional||As incurred||Optional||Third-party providers|
Estimates are provided in greater detail in our Franchise Disclosure Document, which is provided to franchise candidates who are in touch with us and evaluating the franchise. To start the process, fill out the Request for Consideration form, which you will receive after you download our free Franchise Report. We look forward to answering your questions!