What is the estimated cost range for a site selection analysis that Auntie Annes may require?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
ite criteria, at which point it will become the Accepted Location. You may not acquire the Accepted Location until we have accepted it. If you and we have not agreed on an Accepted Location at the time we sign the Franchise Agreement, you must select a location that complies with our site selection criteria within a geographic area that we specify. For any proposed site, we may require you to obtain a site selection analysis from an Approved Supplier, which may include an analysis of such factors as traffic patterns, demographics, and competitors within the market, and provide us with a copy of this analysis. We estimate the cost for this site sele
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 61–77)
What This Means (2024 FDD)
According to Auntie Annes's 2024 Franchise Disclosure Document, for any proposed site, Auntie Annes may require a prospective franchisee to obtain a site selection analysis from an approved supplier. This analysis may include factors such as traffic patterns, demographics, and competitors within the market. The estimated cost for this analysis ranges from $2,500 to $5,000.
This means that, as a potential Auntie Annes franchisee, you might need to budget for this expense during the site selection phase. The site selection analysis is not a guaranteed requirement, but rather something Auntie Annes may require.
The factors Auntie Annes considers when determining whether to accept sites include population density and demographics, traffic flow, pedestrian traffic counts, visibility, parking, access, household income, and local competition, including other Shops. There is no time limit for Auntie Annes to approve or disapprove of a site.