Besides fixed base rent, what other costs might be included in my Amorino lease?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
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- For any of the Store types, you must own a location approved by us or you must lease a location approved by us. Whether you own or lease, you must improve, construct, remodel and decorate the space to our specifications. These estimates assume that your location will be a leased, unimproved, unfinished retail store-type unit. A Traditional Store typically occupies 500 to 1,500 square feet of commercial space. A Kiosk Outlet typically occupies 100 to 500 square feet of commercial space. These POS types typically are located on a major thoroughfare, or in or adjacent to a retail strip mall or shopping center, or in an urban storefront. A Mobile Structure outlet typically occupies 60 to 100 square feet of commercial space, and is typically located within an
enclosed shopping mall, college campus, or other closed market environment. Your lease is subject to our approval and must contain certain terms we require, as described in your franchise agreement. Rents may range from $20.00 to $200.00 per square foot per year, depending upon factors such as size, condition and location of the leased premises. Your rent will generally be a fixed base rent plus common maintenance, taxes and insurance. However, some leases will be on a "gross basis" which would typically include all common maintenance, taxes and insurance. Your lease may also provide for percentage rent, which will be a percentage of your sales at the Store.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–32)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, in addition to a fixed base rent, your lease may include common maintenance, taxes, and insurance. Some leases may be on a "gross basis," which typically includes all common maintenance, taxes, and insurance. Your lease may also include percentage rent, which is a percentage of your sales at the store.
The document states that rents can range from $20.00 to $200.00 per square foot per year, depending on factors such as the size, condition, and location of the leased premises. The type of store also affects the square footage, as a Traditional Store typically occupies 500 to 1,500 square feet, a Kiosk Outlet occupies 100 to 500 square feet, and a Mobile Structure outlet occupies 60 to 100 square feet.
Prospective franchisees should carefully review the lease terms and negotiate favorable conditions, as these additional costs can significantly impact the overall profitability of the Amorino franchise. It is important to factor in these potential expenses when evaluating the financial feasibility of the franchise opportunity.