What is the estimated range for the trailer costs associated with opening an Auntie Annes franchise?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
opening | Our designated suppliers | | | Additional Funds - 3 | $15,000 | $28,000 | As incurred | As incurred | Us, employees, | | | Months21 | | | | | vendors, etc. | | | Total Initial | $154,285 | $330,460 | | | | | | Investment22 | | | | | | |## YOUR ESTIMATED INITIAL INVESTMENT: CONCESSION SHOP - TRAILER
| Type of | Amount of I | Expenditure | Method of | When Payments | To Whom | |--------------------------------------------------------------|-------------|-------------|-------------|-----------------------------------------|----------------------| | Expenditure | • | | Payment | Are Due | Payment Will Be Made | | Initial Franchise Fee 1 | $10,500 | $10,500 | Lump sum | At signing of Franchise Agreement | Us | | Trailer Costs 23 | $46,500 | $96,000 | As incurred | Before opening | Vendors | | Permitting 3 | $2,575 | $5,700 | As incurred | Before opening | Government agencies | | Equipment Package 4 | $10,300 | $46,500 | Lump sum | Before opening | Vendors | | Menu Board, | $260 | $1,550 | As incurred | Before opening | Vendors | | Graphics and Interior | | | | | | | Signage 7 | | | | | | | Computer System 9 | $7,400 | $16,400 | As incurred | Before opening | Vendors | | Smallwares 10 | $1,030 | $4,650 | As incurred | Before opening | Vendors | | Grand Opening | $1,000 | $5,000 | As incurred | Before opening | Vendors or | | Marketing 13 | | | | | Us |
| Type of Expenditure | Amount of Expenditure | Method of Payment | When Payments Are Due | To Whom Payment Will Be Made | |
|---|---|---|---|---|---|
| Low | High | ||||
| Legal and | $5,000 | $10,000 | As incurred | Before opening | L |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 44–54)
What This Means (2024 FDD)
According to Auntie Anne's 2024 Franchise Disclosure Document, the estimated cost for trailer costs ranges from $46,500 to $96,000. This cost is applicable if the franchisee operates a Concession Shop. The estimate includes the costs for customizing the interior and exterior of the food truck or trailer to meet Auntie Anne's standards, including fit-out, exterior signage and vehicle wrapping, the generator, license tags, and related permits. This estimate assumes the franchisee is purchasing the food truck or trailer and not financing the purchase.
Prospective franchisees should consider that these costs are estimates and can vary. Factors influencing the final cost may include the specific vendor chosen, customization requirements, and local permitting fees. It is important to obtain detailed quotes from approved suppliers and verify local requirements to develop a more accurate budget.
This investment is required before opening the Concession Shop, so franchisees need to have sufficient capital available. Understanding these costs is crucial for planning the initial investment and ensuring the business is set up according to Auntie Anne's standards for a Concession Shop.