What is the estimated range for the initial franchise fee for an Aunt Millies Bakeries franchise?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
Item 5 INITIAL FEES
You must pay an initial franchise fee equal to a multiple of the average weekly net sales of different categories of Products to Outlets located in your Sales Area. We will establish the average weekly net sales based on historical sales records in the Sales Area and will determine the franchise fee based on that evaluation for each Sales Area offered. You will be given specific information for your Sales Area.
We estimate that initial franchise fees will range from $30,000 to $100,000. This initial franchise fee is to be paid in one lump sum payment, some or all of which may be financed as detailed in Item 10 and Exhibits B and J to this Franchise Disclosure Document. The initial franchise fee is not refundable.
Prior to commencing business, you must obtain from us a hand-held computer system and printer compatible with the system utilized by us. The estimated charges for the hand-held computer, plus printer paper and ribbons, for the 1st 3 months of business are $455, plus sales and use taxes, for an estimated total of $482 to $494. The charges for the hand-held computer system and printer are not refundable.
Prior to commencing business, you must purchase from us one week's worth of Products for your first week of operation. We estimate that the cost of one week's worth of Products will range from $3,000 to $25,000 and is not refundable.
If you have been employed by us when you purchase a franchise from us, an employee conversion discount may be available.
Source: Item 5 — INITIAL FEES (FDD page 12)
What This Means (2025 FDD)
According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, the estimated initial franchise fee ranges from $30,000 to $100,000. The initial franchise fee is a multiple of the average weekly net sales of different categories of products to outlets in the sales area. Aunt Millie's Bakeries establishes the average weekly net sales based on historical sales records in the sales area and determines the franchise fee based on that evaluation for each sales area offered. The initial franchise fee is to be paid in one lump sum payment, some or all of which may be financed. The initial franchise fee is not refundable.
For a prospective Aunt Millies Bakeries franchisee, this means the upfront cost to join the franchise system can vary significantly depending on the sales performance of the territory. It is important to note that the initial franchise fee is non-refundable, regardless of the franchisee's success.
Item 10 of the 2025 FDD and Exhibits B and J provide details on financing options for the initial franchise fee. Aunt Millie's Bakeries offers financing through First Capital Acceptance Corp. for up to 90% of the initial franchise fee, and Distribution Services of America, Inc. offers financing for the remaining 10%. Franchisees should carefully review the terms and conditions of these financing options, including interest rates, fees, and repayment schedules, to determine the best option for their individual circumstances.
Active employees converting from company-owned territories to franchise territories may be eligible for a discount. The employee conversion discount is $12,000, plus $1,000 for each year of service up to a maximum of 8 years. In the most recent fiscal year, which ended September 30, 2024, there was no variance in the formula used in calculating the franchise fees charged.