factual

Who can I use for construction services for my Annex Brands franchise?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

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Note 7: We will designate a contractor for your use who is familiar with our requirements. If you use our designated contractor, you do not pay this fee. If you want to use, and we approve, a substitute contractor, you must pay us a construction consultation fee of $2,500 before construction begins. In addition, if your contractor does not supply a 24-hour access security gate and digital keypad entry, you may have to purchase it on your own (see Note 6 above). Any substitute contractor must have a state license and be insured as required by law. See Items 5 and 8 for further detail

Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)

What This Means (2025 FDD)

According to the 2025 FDD, as an Annex Brands franchisee, you have options for selecting a construction contractor. Annex Brands will designate a contractor for your use who is familiar with their requirements. If you choose to use Annex Brands' designated contractor, you do not have to pay a construction consultation fee.

However, you can opt to use a substitute contractor, subject to Annex Brands' approval. If you choose a substitute contractor, you must pay Annex Brands a $2,500 construction consultation fee before construction begins. Additionally, if your chosen contractor does not supply a 24-hour access security gate and digital keypad entry (which may be required depending on the type and location of your retail center), you may need to purchase it separately.

It is important to note that any substitute contractor you select must have a state license and be insured as required by law. The cost for construction services can vary significantly, typically ranging from $0 to $90,000 depending on the type of retail center (standard, flex, or express), its size, condition, location, and your lease terms. For a new standard or flex retail center, the construction services include the purchase and installation of a 24-hour access security gate and digital keypad entry ranging in cost from $10,000 to $15,000.

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.