What is the estimated cost range for vehicle/transportation for Advanced Mobile Iv And Amiv?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
| EXPENDITURE | AMOUNT | PAYMENT METHOD | WHEN DUE | TO WHOM |
|---|---|---|---|---|
| Clothing and | $0 to $500 | As Incurred | As Incurred | Approved |
| Uniforms | during startup | Suppliers | ||
| Vehicle/ | $0 to $4,000 | As Incurred | Prior to Opening | Suppliers |
| Transportation |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–22)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, the estimated initial investment for vehicle/transportation ranges from $0 to $4,000. This cost is incurred prior to opening and is paid to suppliers.
The FDD notes that the $0 low-end estimate applies to franchisees who already own a suitable vehicle and will not need to purchase or lease one. Advanced Mobile Iv And Amiv requires franchisees to have an automobile or other reliable transportation to drive to customer or event sites and to haul inventory and equipment. The document recommends purchasing, leasing, or otherwise using a vehicle in the operation of the franchise.
The amounts listed in the table are for the upfront and first 3 months of payments under a vehicle lease or for financing the vehicle's purchase. Advanced Mobile Iv And Amiv stipulates that the vehicle should be in good repair, attractive appearance, and sound operating condition.