Type of Expenditure | Amount | Payment Method | Payment Due | Payable To |
Initial franchise fee See Note (1) | $20,000 | Lump sum | On signing Franchise Agreement | Us |
Real estate/truck storage See Note (2) only if you elect to lease a truck docking station | $0 – $500 | As incurred | Before beginning operations | Lessor |
Stationary equipment for storing product and syrup preparation | $1,500 | As arranged | Before beginning operations | Approved suppliers, 3rd parties |
Truck, equipment, computer hardware and related items See Note (3) | $105,000 | Lump sum, financed, or as arranged | Before beginning operations | Us, approved suppliers, 3rd parties |
Shipping and delivery of truck | $0 – $2,000 | As arranged | Before beginning operations | 3rd Parties |
Tax, title and licensing of the truck See Note (4) | $2,000 – $7,500 | As arranged | Before beginning operations | 3rd Parties |
Vehicle insurance See Note (5) | $750 – $1,500 | As arranged | Before beginning operations | Insurance company |
Initial inventory See Note (6) | $1,500 – $2,500 | As arranged | Before beginning operations | Approved suppliers, 3rd parties |
Travel and living expense while in training See Note (7) | $250 – $750 | As arranged | Before beginning training | Employees or staff, airlines, rental car agencies, restaurants, hotels, etc… |
Legal and accounting See Note (10) | $250 – $500 | As arranged | Before beginning operations | Attorney, accountant |
Additional funds – 3 months See Note (11) | $1,000 – $4,000 | As arranged | As necessary | 3rd Parties and us |
TOTAL (12) | $132,500 – $146,000 | |||
Franchise Marketing Support
Marketing your business to potential customers is the most important factor to help your franchise succeed. That’s why Tikiz offers a complete online collection of branded promotional products, apparel, customizable marketing materials and much more to help you launch and operate your Tikiz Business.
· Online ordering for Tikiz Branded Promotional Products like event flyers, brochures, business cards and giveaway items· Downloadable templates and Tikiz Branding Guides help you create the right advertisement to speak directly to your customers
· Assistance launching your social media, online and local advertising efforts
· Tikiz provides you with your own page on www.Tikiz.com that allows people to search for your Truck, access your social media links, view photos, promotions, contact you, book events and more!
Low Investment
The Tikiz total investment ranges between $132,500 to $146,000 ($20,000 franchise fee included, along with $1,000 to $4,000 of working capital).
The Tikiz Business is a complete turn-key package with everything included from the truck, equipment, supplies and docking station equipment to marketing materials, Tikiz apparel, licenses, permits, insurance and miscellaneous items needed to successfully launch and operate your business.
There are even third-party banks that provide optional financing with approved credit and a small down payment.