factual

What is the initial franchise fee for an Annex Brands Express Center?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

Center; or

    1. Initial Franchise Fee for an Express Center. If this Agreement is for an express Center, Franchisee will pay to Franchisor an initial franchise fee of $17,500, or $13,125 if the Franchisee qualifies for the VetFran discount; provided that the Center must be operational within 365 days after this Agreement is signed and must be owned and operated by Franchisee for a minimum of 1 year thereafter; and provided further that if the Center is sold before the completion of 1 year of operation, Franchisee must pay to Franchisor the discounted amount of the initial franchise fee ($4,375) upon sale of the Center.
    1. Refundability. The initial franchise fee is fully earned when paid and non-refundable in consideration for administrative and other expenses that Franchisor incurs in entering into this Agreement, and for lost or deferred opportunity to enter into a franchise agreement with others, except that:
  • a) If, before initial training, Franchisee decides not to continue as a franchisee, and if Franchisor approves termination of the Franchise and determines that Franchisee is entitled to a refund, Franchisor may refund the initial franchise fee,

Source: Item 22 — Contracts (FDD pages 109–110)

What This Means (2025 FDD)

According to Annex Brands' 2025 Franchise Disclosure Document, the initial franchise fee for an Express Center is $17,500. However, a discounted rate of $13,125 is available to franchisees who qualify for the VetFran program.

There are conditions attached to this fee. The Express Center must be operational within 365 days of signing the Franchise Agreement and must be owned and operated by the franchisee for at least one year. If the franchisee sells the center before completing one year of operation, they must pay Annex Brands the discounted amount of the initial franchise fee, which is $4,375.

The initial franchise fee is considered fully earned upon payment and is generally non-refundable. This is to compensate Annex Brands for administrative expenses, opportunity costs, and other costs incurred when entering into the agreement. However, if the franchisee decides not to proceed before initial training, Annex Brands may approve termination and refund the initial franchise fee, less certain deductions.

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.