Fast Food Franchise Startup Cost Comparison
Worcester, MA vs Chicago, IL
Worcester, MA
$129,000 - $1,938,000
COL Index: 112.4
VS
Chicago, IL
$180,000 - $3,186,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Worcester, MA | Chicago, IL | Difference |
|---|---|---|---|
|
Franchise Fee
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
Restaurant Build-Out
|
$45,700 - $1,095,700 | $97,800 - $2,347,800 | -53% |
|
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
|
$5,400 - $43,200 | $5,800 - $46,000 | -6% |
|
Grand Opening Campaign
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Working Capital (3 Months)
|
$22,500 - $168,600 | $21,600 - $161,700 | +4% |
| Total Estimated Cost | $129,000 - $1,938,000 | $180,000 - $3,186,000 | -39% |
Local Market Factors
| Factor | Worcester | Chicago |
|---|---|---|
| Cost of Living Index | 112.4 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 1.08 | 1.15 |
| Sales Tax | 6.25% | 10.25% |
| Minimum Wage | $15.00/hr | $15.80/hr |
| LLC Filing Fee | $500 | $150 |
View Full Details
Ready to Start Your Fast Food Franchise?
Start your Fast Food Franchise LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot