Price Comparison Chart
Cost comparison between a 1,000 square foot conventional office space and 2 offices with 300 square feet at Crowne Office Suites.
• Up-Front Capital Savings: $19,985
• Annual Recurring Savings: $50,783
ANNUAL 1ST YEAR SAVINGS OF OVER 74%!!
UP-FRONT COSTS |
TRADITIONAL |
CROWNE |
Space Build-out in Excess of Landlord Allowance |
$0 |
$0 |
Furniture |
| Reception Station |
|
$Included |
| Conference Room Setup |
$5000 |
$Included |
| Individual Office Furnishing (4 Workstations Optional) |
$4500 |
$Included |
| Security Requirements (Refundable) |
$2375 |
$1800 |
| Staff Recruiting Costs |
$2000 |
$Included |
| Office Equipment
|
| Phones |
$2,850 |
$Included |
| Fax Machine |
$600 |
$Included |
| Other Office Equipment |
$950 |
$Included |
| Setup Fees (Telephone, etc.) |
$180 |
$570 |
| Total Up-front Capital Required |
$22,255 |
$2,270.00 |
| |
ONGOING ANNUAL EXPENSES |
TRADITIONAL |
CROWNE |
| Rent Expenses (Executive Suite office without furniture) |
|
$19,200 |
| Telephone Lines |
$2,736 |
$Included |
| Telephone Usage |
$2,850 |
$Included |
| IT1 Internet Access with router |
$7,240 |
$Included |
| Office Staff, Including Benefits |
$32,110 |
$Included |
| Temp Agency Expense (Vacation/Sick Days) |
$2,394 |
$Included |
| |
| Repairs & Maintenance |
$1,995 |
$Included |
| Coffee & Beverage Service |
$1,140 |
$Included |
| Additional Equipment Rental
|
| Postage Machine & Meter Rental |
$798 |
$0 |
| Copier (Based on 1,000 Copies per Month) |
$4,560 |
$1,440 |
| Total Ongoing Expenses |
$73,823 |
$23,040 |
|
|
