factual

To whom is the initial fee/subfranchise fee paid when signing the Subfranchise Rights Agreement for an Anago franchise?

Anago Franchise · 2025 FDD

Answer 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

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 initial fee/subfranchise fee is paid to "Us" upon signing the Subfranchise Rights Agreement. The initial fee/subfranchise fee is $98,000 and is to be paid in a lump sum.

This means that a prospective Anago subfranchisee must pay $98,000 directly to Anago when they sign the agreement to obtain subfranchise rights. This fee is a significant upfront cost that franchisees need to have readily available. It's important to note that this payment is typically non-refundable, as indicated elsewhere in the FDD, so a potential franchisee should be certain before signing the agreement.

Understanding where your money goes during the initial investment phase is crucial. In Anago's case, the initial fee represents a substantial portion of the total estimated initial investment, which ranges from $219,000 to $339,000. Knowing that this fee is paid directly to Anago provides clarity on how the funds are allocated and who the recipient is.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.