When are payments for equipment due for an Annex Brands Express Retail Center?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
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Note 8: The equipment cost estimate assumes that you will finance (and not purchase) 2 walk-up self-serve photocopiers and 1 multi-function color photocopier. The full purchase cost for the 3 photocopiers would be about $25,000. Each walk-up self-serve photocopier may be financed through a leasing company at a cost of about $55 each per month over 3 years, maintenance included. A multi-function color photocopier may be financed through a leasing company at a cost of about $250-$300 per month over 5 years, plus about $0.01 per copy. The cost to digitally connect a multi-function color photocopier is about $100 per month on a 5-year leas
Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)
What This Means (2025 FDD)
According to the 2025 FDD, Annex Brands estimates the cost for equipment assuming the franchisee will finance, rather than purchase, certain equipment. Specifically, this includes two walk-up self-serve photocopiers and one multi-function color photocopier. The full purchase cost for these three photocopiers would be approximately $25,000.
If a franchisee chooses to finance the equipment, each walk-up self-serve photocopier may be financed through a leasing company at an estimated cost of $55 per month over three years, which includes maintenance. The multi-function color photocopier may be financed through a leasing company at an estimated cost of $250 to $300 per month over five years, plus an additional $0.01 per copy. Furthermore, digitally connecting the multi-function color photocopier is estimated to cost $100 per month on a five-year lease.
Therefore, payments for equipment are due monthly, contingent on the specific financing terms negotiated with the leasing company. The FDD provides estimates based on typical leasing arrangements, but the actual payment schedule and amounts will depend on the agreement the franchisee reaches with the financing company. It is important for prospective franchisees to consider these ongoing monthly costs when evaluating the financial feasibility of opening an Annex Brands Express Retail Center.