Our average size restaurant is 2,500 to 3,000 square feet. You will have additional cost for equipment, leasehold improvements, etc. 6. No, but some landlords will provide capital towards completion of their unit for lease. This money would help offset some of the leasehold improvement money needed. No, but we will assist you in arranging financing for your equipment package.
Equipment financing is generally for a period of five to seven years at prevailing interest rates.
However, the problem of coordinating Diamond Dave's specifications, delivery and installation of various items can be significant if equipment is ordered piecemeal. We have designed a procedure to eliminate this confusion. Also, included in our equipment package price are the costs of design, development, scheduling, warehousing and final preparation to insure a coordinated unit opening. The term of the franchise agreement coincides with the expiration of the lease of the premises or ten years, whichever comes first. Diamond Dave's leasing department makes the final approval on locations proposed by the franchise owner or will provide you with a list of approved sites.