factual

What does the Project Management Fee cover for an Aplus franchise?

Aplus Franchise · 2024 FDD

Answer from 2024 FDD Document

ll design store layout to APLUS standards and submit layout to Sunoco & Franchisee for review and approvals. Third party vendor will charge Franchisee a Project Management Fee of Four Thousand Nine Hundred Dollars ($4,900), which will cover the procurement of

Source: Item 22 — CONTRACTS (FDD page 68)

What This Means (2024 FDD)

According to Aplus's 2024 Franchise Disclosure Document, franchisees may need to pay a Project Management Fee of $4,900 to a third-party vendor. This fee covers specific services related to setting up the Aplus store.

The Project Management Fee covers the procurement of required equipment, which means the vendor will handle sourcing and obtaining the necessary equipment for the Aplus franchise location. It also includes engineering support for the project, suggesting that the vendor will provide technical expertise and assistance during the setup phase.

Additionally, the fee covers the vendor working with the franchisee's General Contractor. This indicates that the vendor will coordinate with the contractor responsible for the physical construction or renovation of the Aplus store. Therefore, the $4,900 Project Management Fee is for a suite of services aimed at streamlining the setup process by handling equipment procurement, providing engineering support, and coordinating with the General Contractor.

Disclaimer: This information is extracted from the 2024 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.