The costs can vary. Item 7 in our Franchise Disclosure Document (FDD) details all the costs associated with opening a Take 5. The cost ranges from $670K to $878K and the construction costs are almost 70% of this total. However, under our conversion program the all-in costs to open one location may be as low as $500K. Once you’ve filled out our request form we can further discuss these details.
Yes, we have a robust three-week training program in our New Orleans training facility. We then send a Take 5 trainer to your new location for an additional two weeks to supervise your grand opening.
A typical new location opening will take between ten and 14 ½ months. The key phases are: site selection, LOI & lease negotiation, due diligence and inspections, permitting, and finally construction. While you are primarily responsible for these activities, our real estate and M&A teams work closely with you to ensure your development schedules are on time. A new opening under our conversion program will be about three months quicker than a ground-up location.
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