Fast Food Franchise Startup Cost Comparison
Lake Havasu City, AZ vs Chicago, IL
Lake Havasu City, AZ
$111,000 - $1,593,000
COL Index: 96.8
VS
Chicago, IL
$180,000 - $3,186,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Lake Havasu City, AZ | Chicago, IL | Difference |
|---|---|---|---|
|
Franchise Fee
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
Restaurant Build-Out
|
$32,600 - $782,600 | $97,800 - $2,347,800 | -67% |
|
Kitchen Equipment & Technology
|
$30,000 - $500,000 | $30,000 - $500,000 | Same |
|
Insurance Package
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Opening Inventory & Supplies
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Hiring & Training
|
$4,400 - $35,200 | $5,800 - $46,000 | -24% |
|
Grand Opening Campaign
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Working Capital (3 Months)
|
$19,400 - $145,200 | $21,600 - $161,700 | -10% |
| Total Estimated Cost | $111,000 - $1,593,000 | $180,000 - $3,186,000 | -49% |
Local Market Factors
| Factor | Lake Havasu City | Chicago |
|---|---|---|
| Cost of Living Index | 96.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $20 | $25 - $65 |
| Labor Rate Index | 0.88 | 1.15 |
| Sales Tax | 8.6% | 10.25% |
| Minimum Wage | $14.35/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
View Full Details
Ready to Start Your Fast Food Franchise?
File your Fast Food Franchise LLC online and pay only the state fee on the basic plan.
Form Your LLC for $0 + State Fee →Rated “Excellent” on Trustpilot · Registered agent service sold separately