INVESTOR INFORMATION

With venues in 75 countries, including 181 cafes, 25 hotels and 11 casinos, Hard Rock International (HRI) is one of the most globally recognized companies. Beginning with an Eric Clapton guitar, Hard Rock owns the world's greatest collection of music memorabilia, which is displayed at its locations around the globe. 

REQUIRED ITEM
LOW ESTIMATE
HIGH ESTIMATE
ESTIMATE FACTOR
Franchise Site Fees
$350,000
$750,000
Based on a multiple of anticipated roddue
Design & Engineering
$150,000
$300,000
Varies by market & amount of work required
Project Management
$30,000
$150,000
Varies by market & amount of oversight required
Permits, Licenses & Utilities
$5,000
$100,000
Varies by country and municipality
General Construction
$1,500,000
$3,200,000
Assumes 7,500 sq ft unit. Varies by market & condition
Permanent Fixtures
$40,000
$100,000
Varies based on design and layout
Kitchen & Bar Package
$250,000
$400,000
Varies by number of floors, kitchens & bars selected
Audio & Video System
$150,000
$250,000
Standard package varies based on market needs
Signage
$40,000
$150,000
Varies to comply with local restrictions & controls
Fire & Security Systems
$30,000
$50,000
Varies according to local code requirements
Furniture
$50,000
$150,000
Varies depending upon #of seats selected
Computers & POS System
$100,000
$120,000
Varies depending upon import duties
Legal Fees
$25,000
$75,000
Varies by country and jurisdiction, licensing laws
Accounting Fees
$10,000
$15,000
Varies by country and jurisdiction
Real Estate Broker's Fees
$15,000
$250,000
Varies by country and jurisdiction
Sales Marketing & PR
$50,000
$100,000
Varies depending upon nature of opening campaign
Pre-Opening Costs
$200,000
$300,000
Training costs will fluctuate depending upon location
TOTAL
$2,995,000
$4,910,000
Contingencies and working capital are not included