How Much Does it Cost? – La Diperie™ Franchise
La Diperie™ is one of the most affordable ice cream franchise opportunities on the market
Everyone loves ice cream – but it tastes so much sweeter when you own the shop.
La Diperie™ is one of the most affordable franchise opportunities in the evergreen ice cream segment. With the total costs of ownership ranging from $233,425 to $455,025, owning a La Diperie™ franchise is an accessible franchise business for many entrepreneurs.
With a small footprint, a minimal amount of equipment, and a limited number of employees, La Diperie™ is designed to keep operating costs low right out of the gate.
“La Diperie™ is an extremely scalable business,” says John Wuycheck, SVP of Franchise Development with La Diperie™. “We’ve worked hard to keep the barriers to entry low, and to streamline operations to make owning a La Diperie™ straightforward to run. After the success we’ve experienced in Canada for the last 9+ years, we’re really excited about the growth potential in the United States.”
What do I get for my franchise fee?
The franchise fee for La Diperie™ is $25,000 for traditional location, and this gives you access to a world class training and support infrastructure that begins the moment you sign your franchise agreement. Our parent company, Kahala Brands, is one of the largest franchisors in the world, and our franchise owners benefit from in-house marketing support, new product development, training and coaching from industry experts and much, much more!
Do you offer in-house financing?
While La Diperie™ does not offer in-house financing directly, we do have relationships with several third-party lenders who can help you secure the funds you need to open a new La Diperie™ franchise. To learn more, simply fill out an inquiry form on this website, and a member of our team will reach out to you shortly.
Want a deeper dive into our costs & fees?
For a comprehensive overview of the costs & fees associated with owning a La Diperie™ franchise, please review Item 7 from our most recent Franchise Disclosure Document below:
Type Of Expenditure | Amount (Low) | Amount (High) | Method of Payment | When Due | To Whom Payment is to be paid |
---|---|---|---|---|---|
Initial Franchise Fee | $20,000 | $25,000 | Lump Sum | At Signing of Franchise Agreement | Us |
Rent/Security Deposit (for 3 months) | $6,000 | $15,000 | As Incurred | Before opening | Landlord(s) |
Travel and Living Expenses (2 persons) while training, not including salaries, if any, for you and your employees | $3,000 | $7,500 | As Incurred | As incurred | Airlines, hotels, car rental agency & restaurants |
Real Estate | See Note | ||||
Lease Review Fee | $0 | $2,500 | Lump Sum | When you request review by Kahala Management’s real estate department | Us |
Lease Guarantee Fee (optional) Permit | $0 | $10,000 | Lump Sum | As incurred | MTY USA or its affiliate who guarantees the lease |
Architectural Fees | $5,000 | $10,500 | As Incurred | Prior to Opening | Licensed and Approved Architect |
Leasehold Improvements | $63,000 | $210,000 | As Incurred | Prior to Opening | Approved Contractors and Vendors |
Exterior Signage | $6,500 | $13,000 | As Incurred | Prior to Opening | Approved Sign Company |
Equipment | $79,000 | $100,000 | Lump Sum | Prior to Opening | US, Approved Vendors or Suppliers |
PCI Compliance Costs | $150 | $1,300 | As billed by third party vendor | As billed by third party vendor | Approved Vendor |
Opening Inventory | $10,000 | $15,000 | Lump Sum | Before opening | Vendors & suppliers |
Employee Uniforms | $500 | $800 | Lump Sum | Before opening | Vendors |
Grand Opening Marketing and Advertising | $10,000 | $10,000 | Lump Sum | Earlier of; prior to execution of a lease or prior to construction of premise | Us |
Insurance Premiums | $1,000 | $3,000 | Lump Sum | Before opening | Insurance carrier |
Permits and Licenses | $2,000 | $3,000 | Lump Sum | Before opening | Governmental entities |
Telephone and Utility Deposits and Hookups | $250 | $1,000 | Lump Sum | Before opening | Utility companies |
Computer Training and Food Safety Certification Course | $100 | $500 | As needed | As incurred | Vendors, Suppliers |
Miscellaneous | $3,925 | $3,925 | As Incurred | As incurred | Vendors, etc. |
Depository Account | $3,000 | $3,000 | Lump Sum(must be replenished on a regular basis) | Signing of Franchise Agreement | Your bank (we have the right to withdraw from this account) |
Additional Funds (3 months initial period) | $20,000 | $20,000 | As Incurred | As incurred | Us, Employees, Various Third Parties |
TOTAL ESTIMATED INITIAL INVESTMENT | $233,425 | $455,025 | (Does not include real estate costs and/or rent for the business location except for the initial security deposit.) |
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Note | If you do not own a suitable premises approved by us, you must lease or purchase the premises for your La Diperie restaurant. If you decide to lease the premises, the landlord will generally require a security deposit, the amount of which generally ranges from one month of monthly rent to six months of monthly rent. The amount of your security deposit will vary according to your area, the type of location (enclosed mall, strip center, or free-standing building), and various other factors. A lease security deposit may be non-refundable and is paid directly to the landlord of the premises. If you decide to purchase land and construct your own building or buy an existing building, you can expect to add the cost of the real estate and costs of building to the total investment. Real estate costs vary considerably, depending on fair market values in your area; size, condition, and location of the premises; and municipal requirements. |