Do the financial figures for Amorino include initial franchise fees and build-out costs?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- B. The figures included do not include certain costs associated with the establishment and operation of a store, including initial franchise fees, build-out and equipment costs, technology and other store costs able to be capitalized. The above figure also excludes training and living expenses. There may be other costs and other expenses not identified in this Item 19. You should conduct an independent investigation of the costs and expenses you will incur in operating your store. Franchisees listed in the disclosure document may be one source of that information.
- C. Interest expense, interest income, depreciation, amortization and other income or expenses will vary substantially from business to business, depending on the amount and kind of financing you obtain to establish your store. You should consult with your tax advisor regarding depreciation and amortization schedules and the period over which the assets of your store may be amortized or depreciated, as well as the effect of any recent or proposed tax legislation.
- D. Rent will vary significantly depending on the location, size and condition of the property you lease.
- E. We recommend you make your own independent investigation to determine whether the franchise may be profitable to you. We suggest that you consult your financial advisor or personal accountant concerning financial projections and federal, state, and local income taxes and any other applicable taxes that you may incur operating an Amorino store.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 68–73)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the financial performance representations do not include initial franchise fees and build-out costs. The figures provided exclude certain costs associated with establishing and operating a store, specifically initial franchise fees, build-out and equipment costs, technology, and other capitalizable store costs. The figures also exclude training and living expenses.
This means that a prospective Amorino franchisee needs to account for these excluded expenses separately when estimating their total investment and potential profitability. The FDD advises that there may be other costs and expenses not identified in Item 19 and recommends conducting an independent investigation of all costs associated with operating an Amorino store. Franchisees listed in the disclosure document may be one source of that information.
Furthermore, the FDD notes that interest expense, interest income, depreciation, amortization, and other income or expenses can vary significantly depending on the financing obtained to establish the store. Rent costs will also vary based on location, size, and condition of the leased property. Amorino recommends that prospective franchisees make their own independent investigation to determine if the franchise may be profitable to them and suggests consulting with a financial advisor or accountant regarding financial projections and applicable taxes.