What is the estimated low and high range for the Auntie Annes Equipment Package expenditure?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
| Low | High | Payment | Due | Be Made | | Initial Franchise Fee 1 | $71,000 | $71,000 | Lump sum | At signing of Franchise Agreement | Us | | Construction and | $322,000 | $503,000 | As incurred | As arranged | Contractors | | Build Out Costs 2 | | | | | |
| Type of Expenditure | Amount of | Expenditure | Method of | When Payments Are | To Whom Payment Will |
|---|---|---|---|---|---|
| Type of Experience | Low | High | Payment | Due | Be Made |
| Permitting 3 | $2,500 | $12,000 | As incurred | Before opening | Government agencies |
| Equipment Package 4 | $60,000 | $195,000 | Lump sum | Befo |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 44–54)
What This Means (2024 FDD)
According to Auntie Annes's 2024 Franchise Disclosure Document, the estimated initial investment for the Equipment Package ranges from $10,300 to $195,000 depending on the type of location. For a traditional Auntie Annes store, the equipment package is estimated to cost between $60,000 and $195,000. For an inline location, the cost is estimated between $74,000 and $140,000. For an Auntie Anne's store on wheels, the cost is estimated between $10,300 and $46,350, and for a mall or travel plaza location, the cost is estimated between $21,000 and $64,500. These payments are made as a lump sum before opening to vendors.
The equipment package includes all the necessary equipment to operate the Auntie Annes franchise. The wide range in cost reflects the different equipment needs for different store formats, with a full, standalone store requiring more equipment than a smaller, non-traditional location.
A prospective franchisee should carefully consider which type of Auntie Annes location they plan to operate, as this will greatly impact the required investment in the equipment package. It is important to discuss with the franchisor the specifics of what is included in the equipment package for the chosen location type to ensure accurate budgeting.