What is the maximum estimated cost for fixtures 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 |
Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, the cost for fixtures varies depending on the type of franchise. For a new standard, flex, or express retail center, the estimated cost for fixtures ranges from $40,000 to $50,000. For a conversion standard or flex retail center, the cost ranges from $0 to $40,000. For a Commercial Logistics Center, the cost ranges from $17,000 to $23,000. Therefore, the maximum estimated cost for fixtures is $50,000 for a new standard, flex, or express retail center.
This means a prospective Annex Brands franchisee needs to budget accordingly based on the type of franchise they intend to open. The initial investment can vary significantly, especially for fixtures, which can range from nothing for a conversion to $50,000 for a new retail center. This difference likely reflects the need to purchase all new fixtures for a new location versus potentially utilizing existing fixtures in a converted business.
It is important to note that these figures are estimates, and the actual cost may vary. Factors such as the size and location of the retail center can influence the final cost of fixtures. Additionally, the FDD indicates that Annex Brands does not offer direct or indirect financing for any expenditure, so franchisees must secure their own funding. Franchisees should carefully consider these costs and consult with Annex Brands to get a more precise estimate based on their specific circumstances.
Prospective franchisees should also inquire about the specifications for required fixtures to ensure accurate budgeting. Understanding the types and quantities of fixtures needed will help in obtaining accurate quotes and avoiding unexpected expenses during the setup phase. This proactive approach can contribute to a smoother and more financially predictable launch of the Annex Brands franchise.