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What is the estimated total initial investment for a Bang Cookies satellite location?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–24)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, the estimated initial investment for a Satellite Location franchise ranges from $248,870 to $414,020. This investment covers various startup expenses required to begin operations.

The initial investment includes expenses such as the initial franchise fee, construction and leasehold improvements, lease deposits, furniture, fixtures, and equipment. It also accounts for signage, computer systems, grand opening marketing, initial inventory, utility and insurance deposits, travel for initial training, professional fees, and additional funds for the first three months of operation. These figures are estimates based on Bang Cookies' affiliate experiences, but actual costs can vary due to factors like shop size, local market conditions, and the franchisee's management capabilities.

Prospective franchisees should note that these estimates do not include interest and financing charges or management compensation. Bang Cookies requires Satellite Locations to be supported by a Bakery Location for the primary baking and production of menu items. The FDD recommends consulting with business, accounting, and legal advisors to carefully review these estimates before making any decision to sign a Franchise Agreement.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.