What is the estimated range for legal and accounting expenses for an Anago franchise?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expense1 | Amount | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|
| Initial Fee / Subfranchise Fee2 | $98,000 | Lump Sum | Upon signing the Subfranchise Rights Agreement | Us |
| Legal and | $5,000 to | As arranged | As incurred | Attorneys and |
| Accounting3 | $15,000 | Accountants | ||
| Type of Expense1 | Amount | Method of Payment | When Due | To Whom Payment Is To Be Made |
| Marketing and | $50,000 to | As incurred | As incurred | Suppliers |
| Advertising4 | $100,000 |
Source: Item 7 — YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 19–22)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the estimated initial investment for legal and accounting fees ranges from $5,000 to $15,000. These expenses are paid as arranged and incurred to attorneys and accountants.
Anago requires subfranchisors to develop a Franchise Disclosure Document (FDD) and, if required, state registration. Anago will assist by providing a current template. As part of the FDD development, subfranchisors are required to provide audited financials on an annual basis, the cost of which is included in this estimate.
Prospective franchisees should consider that these costs can vary based on the attorney's fees. It is advisable to budget accordingly and potentially seek quotes from multiple legal and accounting professionals to ensure cost-effectiveness.