What is the range of the initial payment under the Auntie Annes HaaS Program?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
the hardware purchase program (the "CapEx Program"), prior to opening, you will purchase the POS System directly from the vendor and will pay us the software license fee for your first month, which will be $160 to $255. We will pay the vendor the monthly software license fee on your behalf. Currently, under the hardware as a service program (the "Haas Program"), prior to opening, you will pay us an initial payment of $588 to $777, which we will
Source: Item 5 — INITIAL FEES (FDD pages 28–30)
What This Means (2024 FDD)
According to Auntie Anne's 2024 Franchise Disclosure Document, the initial payment for the Hardware as a Service (HaaS) program ranges from $588 to $777. This payment is made to Auntie Anne's, who then forwards it to the designated vendor.
The initial HaaS Program payment covers a one-time activation fee, the software license fee, and the hardware lease fee for the first month of operation. The specific amount within the stated range depends on the franchisee's equipment configuration, and Auntie Anne's notes that this fee is subject to change over time.
For prospective Auntie Anne's franchisees, understanding the POS system costs is crucial for budgeting. The HaaS program offers an alternative to purchasing the POS system outright, potentially lowering the initial investment. Franchisees should confirm the exact equipment configuration needed for their location and verify the current HaaS Program payment amount with Auntie Anne's to ensure accurate financial planning.