factual

What does Amorino consider to be included in 'common maintenance' for lease purposes?

Amorino Franchise · 2025 FDD

Answer from 2025 FDD Document

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.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–32)

What This Means (2025 FDD)

According to Amorino's 2025 Franchise Disclosure Document, common maintenance, taxes, and insurance are often included in the rent for a location. Amorino franchisees can expect to pay rent in one of two ways: a fixed base rent plus common maintenance, taxes, and insurance, or on a "gross basis," which typically includes all common maintenance, taxes, and insurance.

Prospective Amorino franchisees should carefully review the lease terms to understand which expenses are included in the base rent and which are separate. This will impact the overall cost of operating the franchise. The FDD notes that rents may range from $20.00 to $200.00 per square foot per year, depending on factors such as size, condition, and location of the leased premises.

Understanding the lease agreement is crucial for budgeting and financial planning. Franchisees should consult with legal and real estate professionals to ensure they fully understand the terms of their lease and negotiate favorable conditions. Paying attention to these details can help franchisees manage their expenses effectively and improve their profitability.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.