To whom are payments for fixtures 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 | Before opening | Us |
Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, franchisees establishing an Express Retail Center typically make payments for fixtures to Annex Brands itself. The cost for these fixtures ranges from $17,000 to $23,000, payable in a lump sum before the store opens.
This requirement means that new Annex Brands franchisees need to budget accordingly and ensure they have sufficient capital available prior to opening their location. Unlike some other expenditures where franchisees have a choice of suppliers, fixture payments for an Express Retail Center are specifically directed to Annex Brands.
It's important to note that while the table specifies 'Us' (meaning Annex Brands) as the recipient for fixture payments, franchisees should confirm with Annex Brands whether there are any exceptions or approved alternative suppliers. Understanding the payment process and approved vendors is a crucial step in managing the initial investment and setting up the franchise location.