What is the range for the estimated expenditure for the Equipment Package for an Auntie Annes franchise?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
$3,300 | $4,000 | As incurred | Before opening | Vendors | | Additional Funds - 3 Months21 | $15,000 | $28,000 | As incurred | As incurred | Us, employees, vendors, etc. | | Total Initial | $107,540 | $249,400 | | | | | Investment22 | | | | | |## YOUR ESTIMATED INITIAL INVESTMENT: CINNABON CO-BRANDED SHOP 24
| Type of Expenditure | Amount of Expenditure | Method of | When Payments Are | To Whom Payment Will | |
|---|---|---|---|---|---|
| Low | High | Payment | Due | Be Made | |
| Initial Franchise Fee 1 | $66,000 | $66,000 | Lump sum | At signing of Franchise Agreement | Us |
| Construction and | $195,000 | $400,000 | As incurred | As arranged | Contractors |
| Build Out Costs 2 | |||||
| Permitting 3 | $3,000 | $6,400 | As incurred | Before opening | Government agencies |
| Equipment Package 4 | $74,000 | $140,000 | Lump sum | Before opening | Vendors |
| Millwork 5 | $20,000 | $70,000 | As incurred | Before opening | Contractors |
| Furniture 6 | $0 | $2,600 | As incurred | Before opening | Vendors |
| Menu Board, | $4,000 | $14,700 | As incurred | Before opening | Vendors |
| Graphics, and Interior | |||||
| Signage 7 | |||||
| Exterior Signage 8 | $4,100 | $20,000 | Lump sum | Before opening | Vendors |
| Computer System 9 | $7,400 | $27,400 | As incurred | Befo |
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 cost of the Equipment Package varies depending on the type of shop a franchisee opens. For a full Auntie Anne's shop, the estimated cost for the equipment package ranges from $74,000 to $140,000. For a smaller Auntie Anne's shop, the estimated cost for the equipment package ranges from $21,000 to $64,500. For a concession shop, the estimated cost for the equipment package ranges from $10,300 to $46,500.
The Equipment Package includes essential equipment and machinery that complies with Auntie Anne's standards. The FDD specifies that franchisees must either purchase or lease this equipment from an Approved Supplier. The actual costs may fluctuate based on factors such as building codes and health requirements specific to the state where the shop is located.
Prospective franchisees should consider these varying costs when planning their initial investment. The type of shop chosen significantly impacts the overall expenditure, and it's crucial to factor in potential variations due to location-specific requirements. Consulting with Approved Suppliers and understanding local regulations will help in accurately estimating the final cost of the Equipment Package.