When is the second 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 a development fee is required for opening a Traditional Store, half of the fee is due when the Franchise Agreement is signed. The remaining half of the development fee is due on the Site Selection Date. This fee is paid to Amorino on behalf of a consultant and is nonrefundable upon payment.
For a prospective Amorino franchisee, this means that careful planning and due diligence in site selection are crucial. Since the second half of the development fee is due upon the Site Selection Date, franchisees should ensure they are confident in their chosen location before that date arrives. The nonrefundable nature of the fee underscores the importance of thorough research and potentially seeking professional advice during the site selection process.
Franchisees should clarify with Amorino what specific services the consultant provides and what criteria are used to determine the Site Selection Date. Understanding these details will help franchisees manage their finances and timelines effectively. It is also important to note that the development fee is only applicable if opening a Traditional Store and if specified in the Data Sheet, so franchisees should confirm whether this fee applies to their specific situation.