Cost of Entry

Item	Estimated Cost £	Notes
Purchase of the tenancy or lease and goodwill (in the case of an assignment only)	2,000-200,000	This is a premium/letting fee covering internal costs at Fuller's charged on every house.
Fixtures and Fittings (F&F)	3,000-50,000	An inventory needs to be produced and F&F valued. The purchase of F&F may have tax implications. Speak to your accountant for more information.
Valuer's fees	700-1,500	You may need to get a professional valuation for the F&F.
Ingoing Wet & Dry stock	2,500-6,000	Valued at changeover by an independent stocktaker.
Till rolls and cleaning materials	100-200	These may be valued within the stock figure
Glassware	500-1,200	Normally valued by the broker and paid for separately.
Cost of stock take	100-200	May be a 50% payment if cost shared.
Rent in advance	500-5,000	You will be asked for two weeks rent in advance.
Till floats and change drawer	800-1000	2-3 tills change.
Fruit machine floats	200-300	2-3 machines @ £100 each
Insurance premiums (F&F, stock, public & employer's liability)	250-500	Cost of annual premium.
Buildings insurance	250-1,000	Cost of annual premium and invoiced by Fuller's via the rent statement quarterly in advance (leases only).
Solicitor's or broker' s fees/licensing	3,000-5,500	Should cover all legal fees, including Fuller's legal costs.
General working capital	5,000-10,000	This will cover those unforeseen costs such as rentals on equipment or breakdowns just after you take over.
Rent Deposit	8,000	This will be held on deposit and returned to you at the end of your agreement less any outstanding debts to Fuller's.
TOTAL

N.B. V.A.T. will be payable on certain items.
You should always consult an accountant or other financial advisor to ascertain your own personal financial requirements.