When is the initial franchise fee payable for an Amorino franchise?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- A. Initial Franchise Fee. Upon execution of this Agreement, you shall pay us an initial franchise fee in the amount and according to the payment schedule specified in the Data Sheet, with the amount of such fee based on the type of Store you will open (i.e., traditional store, kiosk outlet, or mobile outlet). The initial franchise fee, when paid, shall be deemed fully earned by Amorino and is not refundable.
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the initial franchise fee is due upon the execution of the Franchise Agreement. The exact amount and payment schedule are specified in the Data Sheet, and the fee amount depends on the type of store the franchisee will be opening, whether it is a traditional store, kiosk outlet, or mobile outlet. Once paid, the initial franchise fee is considered fully earned by Amorino and is non-refundable.
This means that a prospective Amorino franchisee must be prepared to pay the initial franchise fee as soon as they sign the franchise agreement. The specific amount will vary based on the type of Amorino store they plan to operate, so it is crucial to review the Data Sheet carefully to understand the financial commitment required upfront.
Since the initial franchise fee is non-refundable once paid, potential franchisees should conduct thorough due diligence before signing the agreement. This includes carefully evaluating the location, market conditions, and their own financial capabilities to ensure they are making an informed decision. Understanding the terms outlined in the Data Sheet is essential to avoid any surprises regarding the initial investment required to start an Amorino franchise.