Investment Profile

Below is a generalized breakdown of cost to open an iVibe store location. Because there is great range in each potential location we like to provide best-worst case scenario. Franchisee’s should know that our team of experts will help explain and analyze the variables prior to moving forward on any contract for a new location. We estimate that on average a $250,000 investment will be needed for a new location. Please review the franchise estimated initial investment cost which can also be found on Item 7 of the iVibe Coffee FDD.

Type of Expenditure Amount Method of Payment When Due To Whom Payment is To Be Made
Initial Franchise Fee1 $20,000 –
$20,000
Lump sum $5,000 due at signing the Franchise Agreement, the balance due within 60 days [see Item 5 note] iVibe
Rent 2 $2,500 –
$5,500
Monthly Monthly Landlord
Security Deposit 3 $2,700 –
$8,000
Lump sum Prior to opening Landlord
Utility Deposits and Fees 4 $750 –
$1,500
Lump sum Prior to opening Utility companies
CDSF 5 $165,000 –
$185,000
On Demand As Incurred construction manager and subcontractors
Jurisdictional Fees 6 $7,500 –
$12,500
Lump Sum As incurred Third parties
Real Estate Improvements 7 $0 –
$50,000
Negotiable Upon start or completion of construction. Landlord or third parties
Furnishings 8 $200 –
$600
As arranged As arranged Approved/ designated suppliers
Legal and Accounting Fees $2,000 –
$2,500
As arranged As incurred Third parties
Grand Opening Program 9 $5,000 –
$5,000
Before and after opening As incurred Franchisor and / or Third parties
“Insurance (3 months) 10
 “
$570 –
$1,000
Before opening and as needed As arranged Insurance provider
Initial Supplies & Inventory 11 $8,000 –
$12,000
Varies by supplier As arranged Approved/ designated suppliers
Credit Card Processing 12 Currently 2.5%, but may vary. According to supplier As arranged Third Parties
Business Licenses $200 –
$400
As incurred As incurred Government agencies
Additional Funds (6 months) 13 $0 –
$50,000
As incurred As incurred Suppliers, vendors, employees, Third Parties
TOTAL 14 $214,420 – $354,000