For a non-leased Aplus store, what equipment costs are included in the estimated initial investment?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
ated to the construction/conversion period.
Note 7: All equipment must meet our specifications. You may not add any additional equipment without our prior written approval.
- (a) Leased APLUS Store: We will loan to you and install certain required APLUS Store equipment at your location, including a walk-in cooler/freezer, cabinetry, or gondola. Depending on the size and needs of the location, you may elect to purchase other approved optional equipment at your cost.
- (b) Non-Leased APLUS Store: The estimate includes walk-in cooler/freezer, cabinetry and gondola. Depending on the size and needs of the location, you may elect to purchase other approved optional equipment at your cost.
Note 8: The interior graphics range includes coffee and hot dog light boxes, watermark decals, restroom signs, and "Thank you" sign. The exterior graphics range includes a 10' arch, red band, 54x64 building sign, POP, 7' strategy sign, and trip charge.
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 a non-leased Aplus store includes specific equipment costs. The estimate covers a walk-in cooler/freezer, cabinetry, and a gondola. Depending on the location's size and needs, the franchisee may choose to purchase other approved optional equipment at their own expense.
The initial investment table outlines the 'Store Fixtures and Equipment' costs for a non-leased Aplus store to range from $205,000 to $282,000. This amount is paid to vendors and/or Aplus prior to project design, as arranged. This figure is part of the total estimated initial investment for a non-leased Aplus store, which ranges from $491,590 to $1,270,600 for a conversion and $775,290 to $1,886,250 for a new store.
Prospective franchisees should note that all equipment must meet Aplus's specifications, and adding any additional equipment requires prior written approval from Aplus. The FDD also mentions an Equipment and Construction Funding Program for non-leased Aplus store franchisees, which can be used to offset the costs of construction, equipment, and other related items by paying third-party invoices on the franchisee's behalf. Franchisees should carefully consider these costs and options when planning their initial investment.