What is the estimated range for proprietary items for a non-leased Aplus store (new)?
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/o |
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 investment for proprietary items for a non-leased Aplus store (new) ranges from $1,200 to $4,700. These proprietary items are purchased from vendors, with payment arrangements to be made as arranged. This cost is part of the total estimated initial investment for a non-leased, new Aplus store, which ranges from $775,290 to $1,886,250.
It's important to note that this is just an estimate, and the actual cost may vary. Factors that can influence the cost include the franchisee's management capabilities, the store's location, and the franchisee's business experience. Aplus recommends that prospective franchisees carefully review these estimates with an accountant or business advisor before making any decisions.
Prospective franchisees should also consider that Aplus requires franchisees to maintain a minimum level of additional funds for a three-month period of operations. These additional funds are needed to cover operating expenses such as rent, utilities, and employee salaries. The FDD advises that franchisees may need to put additional funds into the business for an extended period and should consider the provided estimates as minimum amounts, maintaining additional cash reserves.