What is the estimated range for the initial opening inventory for a leased Aplus store?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| Fee | | | | |
| Type of Expenditure 1 | Leased APLUS Store | Non-Leased APLUS Store (Conversion) | Non-Leased APLUS Store (New) | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|---|---|
| Interior | N/A | $12,000 to $ | $12,000 to $ | As Arranged | As Arranged | Vendors |
| Graphics 8 | 50,000 | 50,000 | and/or Us | |||
| Exterior | N/A | $16,000 to $ | $16,000 to $ 45,000 | As Arranged | As Arranged | Vendors |
| Graphics 8 | 45,000 | and/or Us | ||||
| Initial Opening | $40,000 to $ | $40,000 to $ 121,000 | $40,000 to $ | As Arranged | As Arranged | Vendors |
| Inventory 9 | 121,000 | 121,000 | ||||
| Permits (Business) | $2,000 to $ | $2,000 to $ | $2,000 to $ | As Arranged | As Arranged | Issuing |
| 11,000 | 11,000 | 11,000 | Agencies | |||
| Permits (Beer/Wine) 10 | $ |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 28–33)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the estimated initial opening inventory cost for a leased Aplus store ranges from $40,000 to $121,000. However, the minimum inventory you must maintain corresponds to the size of your Aplus store.
The FDD specifies minimum inventory costs based on store size. For stores 1,299 square feet or less, the minimum inventory cost is $40,000. For stores 1,300 square feet or less, the minimum inventory cost is $56,800. For stores 2,500 square feet or more, the minimum inventory cost is $69,400.
Prospective franchisees should carefully consider these inventory requirements in relation to their planned store size and budget. It is important to note that these are minimum requirements, and franchisees may need to invest in additional inventory to meet customer demand and maximize sales. It would be prudent to discuss inventory management strategies and optimal inventory levels with existing Aplus franchisees during the due diligence process.