What is the estimated range for construction services for an Annex Brands franchise?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure (1) | Amount (2) | Method of Payment | When Due | To Whom Payment Is To Be Made | |
|---|---|---|---|---|---|
| Initial franchise fee (3) | $35,000 | Lump sum | On signing franchise agreement | Us | |
| Fixtures | $40,000 - $50,000 | Lump sum | Before opening | Us | |
| Mailboxes | $14,000 - $16,000 | Lump sum | Before opening | Us | |
| Package lockers (4) | $3,500 | Lump Sum | Before opening | Us | |
| Flooring | $6,000 - $9,000 | Lump sum | Before opening | Us | |
| Interior signage (5) | $1,000 - $2,500 | Lump sum | Before opening | Us or suppliers you choose | |
| Exterior signage (5) | $6,000 - $8,000 | Lump sum | Before opening | Us or suppliers you choose | |
| Construction services (6) | $70,000 - $90,000 | As agreed | Before opening | Us or substitute licensed contractor | |
| Construction consultation fee, if applicable (7) | (7) | Before construction begins | Before opening | Us | |
| Equipment (8) | $4,000 - $6,500 | As agreed | Before opening | Us or suppliers you choose |
| Type of Expenditure (1) | Amount (2) | Method of Payment | When Due | To Whom Payment Is To Be Made | |
|---|---|---|---|---|---|
| Computer hardware, and software programs and licenses (9) | $4,500 - $13,000 | Lump sum | Before or at initial training | Software: us and suppliers Hardware: us or suppliers you choose | |
| Initial inventory (10) | $5,000 - $7,000 | Lump sum | Before opening | Us or suppliers you choose | |
| Insurance (11) | $2,500 - $7,000 | As agreed | As incurred | Insurance company | |
| Online financial training portal license and administrative fee | $330 | Lump sum | On signing franchise agreement | Us | |
| Travel, lodging and | $1,000 - $4,000 | Lump sum | As incurred | Suppliers you | |
| meals for initial training | choose | ||||
| New Center/New Owner Marketing Program deposit (13) | $5,500 | Lump sum | Before or at initial training | Us | |
| Supplies (14) | $1,000 - $2,500 | As agreed | As incurred | Us or suppliers you choose | |
| Business licenses, | $300 - $1,000 | As agreed | As incurred | Government | |
| business permits, etc. | agencies | ||||
| Deposits and pre-paid | $13,500- $20,000 | As agreed | As incurred | Us and suppliers | |
| expenses (15) | you choose | ||||
| Architect fee (16) | $4,000-$6,000 | Lump sum | Before plan preparation | Us | |
| Miscellaneous | $2,000 - $3,000 | As agreed | As incurred | Suppliers, | |
| expenditures | employees & others | ||||
| Additional funds (17) (1st | $30,000 - $60,000 | As incurred | As incurred | Suppliers, | |
| 12 months) | employees & others | ||||
| TOTAL (18) | $249,130 - $349,830 |
TABLE NO. 2 CONVERSION OF EXISTING BUSINESS TO STANDARD OR FLEX RETAIL CENTER
| Type of Expenditure (1) | Amount (2) | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|
| Initial franchise fee (3) | $17,500 | Lump sum | On signing franchise agreement | Us |
| Fixtures | $0 - $40,000 | Lump sum | Before opening | Us |
| Mailboxes | $0 - $16,000 | Lump sum | Before opening | Us |
| Package lockers (4) | $0 - $3,500 | Lump sum | Before opening | Us |
| Flooring | $0 - $9,000 | Lump sum | Before opening | Us |
| Interior signage (5) | $1,000 - $2,500 | Lump sum | Before opening | Us or suppliers you choose |
| Exterior Signage (5) | $6,000 - $8,000 | Lump sum | Before opening | Us or suppliers you choose |
| Construction services (6) | $0 - $60,000 | As agreed | Before opening | Us or substitute licensed contractor |
| Construction consultation fee, if applicable (7) | (7) | Before construction begins | Before opening | Us |
| Equipment (8) | $0 - $6,500 | As agreed | Before opening | Us or suppliers you choose |
| Computer hardware, and software programs and licenses (9) | $250 - $13,000 | Lump sum | Before or at initial training | Software: us and suppliers Hardware: us or suppliers you choose |
| Initial inventory (10) | $0 - $7,000 | Lump sum | Before opening | Us or suppliers you choose |
| Insurance (11) | $2,500 - $7,000 | As agreed | As incurred | Insurance company |
| Online financial training portal license and administrative fee | $330 | Lump sum | On signing franchise agreement | Us |
| Conversion training fee | $0 - $4,000 | Lump sum | On signing | Us |
| (12) | franchise agreement | |||
| Travel, lodging and meals | $1,000 - $4,000 | Lump sum | As incurred | Suppliers you |
| for initial training | choose | |||
| New Center/New Owner Marketing Program deposit (13) | $5,500 | Lump sum | Before or at initial training | Us |
| Supplies (14) | $0 - $2,500 | As agreed | As incurred | Us or suppliers your choose |
| Business licenses, | $0 |
Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, the estimated cost for construction services varies based on the type of franchise location. For a new standard, flex, or express retail center, the construction costs typically range from $50 to $75 per square foot.
For a new standard or flex retail center, construction services include the purchase and installation of a 24-hour access security gate and digital keypad entry, which range from $10,000 to $15,000. However, a 24-hour access security gate and digital keypad entry may not be required for a new express retail center or if converting a qualified existing business to a standard or flex retail center, potentially reducing these costs to between $0 and $15,000.
The cost for construction services for a standard, flex, or express retail center are listed in table format as well. For a standard or flex retail center, the estimated cost is $70,000 to $90,000. For an express retail center, the estimated cost is $20,000 to $50,000. For a conversion standard or flex retail center, the estimated cost is $0 to $60,000. The FDD notes that these estimates assume standard development based on a leased facility delivered in "vanilla shell" condition, and build-out costs will be higher if the facility is in any other condition.