When is the first half of the Amorino development fee due?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- E. Development Fee. If you are opening a Traditional Store and if so specified in the Data Sheet, we may require you to pay a development fee in the amount set forth in the Data Sheet, for services to be provided by us or a consulting firm designated by us to assist you in managing the selection and development of the Store. If we require you to pay such fee, half of the fee is due when you sign this Agreement, and the other half is due on the Site Selection Date. Such fee is to be paid to us on behalf of the consultant and is nonrefundable upon payment.
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, if you are opening a Traditional Store and Amorino requires a development fee, half of the fee is due when you sign the Franchise Agreement. The remaining half is due on the Site Selection Date. This fee is paid to Amorino on behalf of a consultant and is nonrefundable upon payment.
This means that as a prospective Amorino franchisee, you should be prepared to pay half of the development fee upon signing the agreement. This upfront payment is nonrefundable, so it's crucial to carefully consider your decision before signing. The other half of the fee will be due when the site for your store is selected.
Understanding the timing of these payments is essential for managing your initial investment. Make sure to clarify the exact amount of the development fee and the Site Selection Date with Amorino to plan your finances accordingly. Given that the fee is nonrefundable, thorough due diligence before signing the agreement is highly recommended.