The following costs to open a new Sears Hometown Store are estimated. Actual costs depend on many factors including actual square footage, merchandise assortment and geographic location.
There is not an initial licensing fee to become a Sears Hometown Store Authorized Owner. Prospective owners who wish to open a new store must have $25,000 cash available and the ability to borrow $100,000 in capital.
| Type of Expenditure | Low |
|---|---|
| Interior Fixtures Required by Sears | $32,000 |
| POS, Office Equipment, and Furniture Required by Sears | $25,000 |
| Leasehold Improvements | $25,000 |
| Initial Insurance Fees (per contract) | $6,000 |
| Utility Deposits | $1,000 |
| Initial Permits and Fees | $500 |
| Start-up Travel and Training | $1,500 |
| Legal and Professional Fees | $1,500 |
| Miscellaneous | $3,500 |
| TOTAL | $96,000 |
*For a complete investment overview, please request more information.
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