How Much Is a Grasons Estate Sales Franchise? (Detailed Franchise Costs)

Grasons Estate Sales Franchise Costs: Estimated Initial Investment (Item 7, 2022 FDD)

1.  Initial Franchise Fee:  $30,000 to $40,000

  • The initial franchise fee is $40,000 for the first Franchise, and $30,000 for the second and greater Franchise.
  • Amounts paid to Grasons or its affiliates are not refundable, except as specifically described in Item 5. Amounts paid to a third party may be refundable depending on contracts, if any, between you and the third party.

2.  Computer Systems:  $450 to $5,900

  • You will need a laptop or tablet computer and software, including POS software, that Grasons specifies.
  • The low-end estimate assumes you already own a laptop or tablet that you use for the business. The high-end estimate assumes you do not have your own computer, and you purchase a new approved register stand, drawer, and tablet for your POS system.

3.  Insurance:  $500 to $3,000

4.  Vehicle:  $0 to $3,000

  • You must have a vehicle to be used for the operation of your Franchise. Grasons does not require any particular type of vehicle. It must be in good condition, clean, dent-free, and otherwise presenting a professional appearance.
  • The low end assumes you will use your current vehicle in the operation of the franchised business. The high end assumes you purchase a vehicle for use in the franchised business.

5.  Office Expenses/Supplies:  $950 to $1,200

6.  Licenses and Permits:  $500 to $1,500

7.  Dues and Subscriptions:  $1,000 to $3,000

8.  Professional Fees (lawyer, accountant, etc.):  $0 to $7,500

9.  Travel, Lodging, and Meals for Initial Training:  $1,500 to $2,000

10.  Additional Funds (for First 3 Months):  $4,000 to $12,000

11.  Total Estimated Initial Investment:  $38,900 to $79,100

  • This includes any other required expenses you will incur before operations begin and during the initial period of operations, such as payroll, additional inventory, folding tables, tablecloths, pop-up tent, sales tags, blue tape, rent, and other operating expenses in excess of income generated by the business.
  • In formulating the amount required for additional funds, Grasons relied on the following factors, basis, and experience: the experience of its franchisees and its general knowledge of the industry.

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