To whom are payments for equipment made for an Annex Brands Express Retail Center?
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) | $17,500 | Lump sum | On signing franchise agreement | Us |
| Fixtures | $17,000 - $23,000 | Lump sum | Befo |
Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)
What This Means (2025 FDD)
According to the 2025 Annex Brands Franchise Disclosure Document, the payments for fixtures, estimated to be between $17,000 and $23,000, are paid in a lump sum before opening to a party that is not specified in the provided excerpt.
For an Annex Brands Express Retail Center, the equipment cost estimate assumes the franchisee will finance, rather than purchase, 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. The payments for the photocopiers are made to a leasing company. 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 lease.
It is important for a prospective Annex Brands franchisee to clarify with the franchisor to whom the payments for fixtures are made. Understanding the specific vendors or suppliers involved can help in budgeting and financial planning.