What Euro to US Dollar exchange rate is Amorino using for the estimated initial investment?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
Many of the products and services you will be required to purchase might be from providers located in Europe. Accordingly, you will be billed for such products and services in Euros. The amounts set forth above are based on converting Euros to dollars using a currency rate of 1 Euro = 1.04 US Dollars. Such amounts will be subject to change based on currency exchange rate fluctuations.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–32)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, many products and services that franchisees are required to purchase may come from European providers, resulting in Euro-denominated invoices. To provide estimated costs in US dollars, Amorino uses a currency exchange rate of 1 Euro = 1.04 US Dollars.
However, the FDD clearly states that these amounts are subject to change due to currency exchange rate fluctuations. This means the actual cost in US dollars could be higher or lower when the franchisee makes the purchase, depending on the prevailing exchange rate at that time.
Prospective Amorino franchisees should closely monitor the Euro to US Dollar exchange rate and factor in potential fluctuations when budgeting for their initial investment. It may be prudent to consult with a financial advisor to develop strategies for managing currency exchange rate risk.