INITIAL INVESTMENTS

The charts below show the approximate Device Pitstop initial investments you need to get the doors open, have a working capital reserve, get stocked with inventory and be ready for customers.

While it’s likely that most stores will land in the targeted range listed below, it’s also dependent upon a number of variables. Further detailed information is outlined in our Franchise Disclosure Document (FDD). To get a copy of this document, please contact your Device Pitstop franchise representative.

Store Buildout with Inventory

Type of Expenditures Purchase Option Amount Lease Option Amount
Initial Franchise Fee $20,000 – $25,000 $20,000 – $25,000
Leasehold Improvements $0 – $20,000 $0 – $20,000
Fixtures and Supplies $30,000 – $34,000  

$5,700 – $10,750

Proprietary Software and POS System $10,750
Service Area Tech Package $10,500
Signs $5,000 – $8,000 $5,000 – $8,000
Inventory $30,000 – $40,000 $30,000 – $40,000
Deposits, Business Licenses and Permits $4,000 – $5,000 $4,000 – $5,000
Travel Expenses to Attend Training $2,000 – $5,000 $2,000 – $5,000
Legal and Accounting $2,000 – $3,000 $2,000 – $3,000
Security $3,000 – $8,000 $3,000 – $8,000
Pre-Opening Labor Expenses $3,000 – $7,000 $3,000 – $7,000
Complete Store Buildout with Inventory Total $120,250 – $176,250 $74,700 – $131,750

First Three Months of Operating Capital

Type of Expenditures Purchase Option Amount Lease Option Amount
Rent – Three Months $6,000 – $12,000 $6,000 – $12,000
Grand Opening Advertising $10,000 – $15,000 $10,000 – $15,000
Additional Funds – Three Months $10,000 – $15,000 $10,000 – $15,000
First Three Months of Operating Expenses Total $26,000 – $42,000 $26,000 – $42,000
Purchase Option Amount Lease Option Amount
Overall Total Estimated Initial Investment $146,250 – $218,250 $100,700 – $173,000

*At this time, we are not yet registered to franchise Device Pitstop in the following states: HI, RI.

Get started on a quick path to success with our required investment range. Learn more about it in this video featuring our VP of Franchising:

 

 

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