What is the estimated cost range for architect and engineering fees for a Bang Cookies satellite location?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
anchise Agreement – Bakery Location
| Type of Expenditure | Amount | Method of Payment | When Due | ||
|---|---|---|---|---|---|
| Initial Franchise Fee (Note 1) | $55,000 | Lump sum | When Franchise Agreement is signed | Us | |
| Construction and Leasehold Improvements (Note 2) | $75,000 – $150,000 | As arranged | As incurred | Contractors, suppliers, and/or Landlord | |
| Lease Deposits – Three Months | $15,000 – $40,000 | As arranged | As incurred | Landlord | |
| (Note 3) | |||||
| Furniture, Fixtures and Equipment | $176,370 – $224,020 | As arranged | As incurred | Suppliers | |
| (Note 4) | |||||
| Signage (Note 5) | $15,000 – $25,000 | As arranged | As incurred | Us, Suppliers | |
| Computer, Software and Point of | $3,000 – $3,000 | As arranged | As incurred | Suppliers | |
| Sales System (Note 6) | |||||
| Grand Opening Marketing (Note 7) | $10,000 – $20,000 | As arranged | As incurred | Suppliers | |
| Initial Inventory (Note 8) | $5,000 – $10,000 | As arranged | As incurred | Us, Suppliers | |
| Utility Deposits (Note 9) | $1,500 – $2,000 | As arranged | As incurred | Suppliers | |
| Insurance Deposits – Three | $500 – $1,000 | As arranged | As incurred | Insurers | |
| Months (Note 10) | |||||
| Travel for Initial Training | $3,500 – $7,500 | As arranged | As incurred | Airlines, hotels, | |
| (Note 11) | restaurants | ||||
| Professional Fees (Note 12) | $2,000 – $7,500 | As arranged | As incurred | Attorneys, accountants, architects, advisors | |
| Technology Implementation Fee | $1,500 - $3,000 | As arranged | As incurred | Us | |
| Licenses and Permits (Note 13) | $2,000 – $4,000 | As arranged | As incurred | Government | 
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, the estimated cost for architect and engineering fees for a Satellite Location ranges from $7,500 to $15,000. These fees are paid as incurred to the architect and engineer. This cost is part of the initial investment required to set up a Bang Cookies franchise.
It is important to note that this estimate is specifically for a Satellite Location. The FDD also mentions that these estimates are based on the experiences of Bang Cookies's affiliate in developing a Bang Cookies Shop. However, the actual costs may vary depending on factors such as the size of the shop, local market conditions, and the existing build-out of the location.
Prospective franchisees should carefully review these estimates with their business, accounting, and legal advisors before making any decision to sign a Franchise Agreement. Understanding the potential range of these costs is crucial for planning and securing the necessary funding for the franchise venture.