Sculpture Hospitality FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is to operate a business offering auditing services for bars, nightclubs, restaurants and other hospitality establishments to monitor the loss of liquor, wine and beer due to theft, spillage, shrinkage and other factors under the trade name Sculpture Hospitality and other names, marks and commercial symbols they designate.
Corporate Information
SHH Group, LLC organized as a limited liability company under the laws of the State of Delaware on October 3, 2017. Their current principal place of business is 505 Consumers Road, Suite 601, Toronto, Ontario, Canada M2J 4V8. In October 2017, they purchased through a public sale by its lenders substantially all of the assets of Sculpture Hospitality, LLC, the previous owner and operator of the SCULPTURE HOSPITALITY franchise system. They began offering franchises for the SCULPTURE HOSPITALITY franchise system in June 2018.
Investment
The total investment necessary to begin operation of a Sculpture Hospitality franchise will depend on the number of Establishments with liquor licenses located within the geographic boundaries of your franchise territory. The franchisor offers three sizes of territories with varying numbers of Establishments and a varying total initial investment, as follows:
(i) Approximately 150 Establishments: total investment necessary to begin operations ranges from $45,500 to $49,500, which includes $25,000 that must be paid to the Franchisor or its affiliate(s).
(ii) Approximately 250 Establishments: total investment necessary to begin operations ranges from $50,500 to $54,500, which includes $30,000 that must be paid to the Franchisor or its affiliate(s).
(iii) Approximately 500 Establishments: total investment necessary to begin operations ranges from $60,500 to $64,500, which includes $40,000 that must be paid to the Franchisor or its affiliate(s).