Who is included in the training covered by the initial franchise fee for an Afuri Ramen Dumpling franchise?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
.
Notes:
-
- Initial Franchise Fees. The Initial Franchise Fee is $45,000 and is payable upon signing the Franchise Agreement. It is reduced to $30,000 for your second and each additional franchise you purchase. The initial training program is included in the Initial Franchise Fee for your owners and your General Manager, Kitchen Manager, Bar Manager, and Commissary Manager. You will be responsible for your expenses that you incur associated with the training (e.g. transportation, me
Source: Item 7 — Estimated Initial Investment (FDD pages 16–22)
What This Means (2024 FDD)
According to the 2024 Afuri Ramen Dumpling Franchise Disclosure Document, the initial franchise fee covers the initial training program for the franchisee owners and certain management positions. Specifically, this includes the General Manager, Kitchen Manager, Bar Manager, and Commissary Manager. However, it's important to note that while the initial franchise fee covers the cost of the training program itself, the franchisee is responsible for covering all expenses associated with attending the training, such as transportation, meals, and lodging.
For a prospective Afuri Ramen Dumpling franchisee, this means that while the core training program is included in the initial franchise fee, budgeting for the additional out-of-pocket expenses for themselves and their management team is essential. The FDD estimates these out-of-pocket expenses during training to be between $6,000 and $10,000. This amount should be factored into the overall initial investment required to start the franchise.
It is also important to note that Afuri Ramen Dumpling will only cover the initial training expenses for the first franchise location. If a franchisee purchases multiple franchises, they will be responsible for covering the training expenses for subsequent locations. Additional training details are outlined in Item 11 of the FDD. Therefore, prospective franchisees should carefully review Item 11 to understand the full scope of training and associated costs for additional locations.