What does the low estimate for vehicle maintenance assume for an Aunt Millies Bakeries franchise?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
- 8 Vehicle maintenance includes oil, grease, tires and other routine maintenance.
The low estimate is for a new vehicle and the high estimate assumes a used older vehicle.
The estimates are for the first 3 months of operation.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–17)
What This Means (2025 FDD)
According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, the low estimate for vehicle maintenance costs assumes the franchisee has a new vehicle. The estimated range for vehicle maintenance is $156 to $780 for the first three months of operation. This maintenance includes expenses such as oil, grease, tires, and other routine upkeep.
The FDD specifies that the higher end of the vehicle maintenance estimate is based on the assumption that the franchisee is using a used, older vehicle. This implies that franchisees with older vehicles should anticipate higher maintenance costs compared to those with newer vehicles.
Prospective Aunt Millies Bakeries franchisees should carefully consider the age and condition of their delivery vehicle when budgeting for initial expenses. The FDD provides these estimates based on Aunt Millie's Bakeries' experience, but franchisees should also consult with a business or financial advisor to assess their specific circumstances and ensure they have sufficient capital for ongoing vehicle maintenance.