What is the initial franchise fee for a Bang Cookies satellite location?

According to Bang Cookies's 2024 Franchise Disclosure Document, the initial franchise fee for a single franchise is $55,000, whether it is a bakery or satellite location. This fee grants the franchisee the right to operate a Bang Cookies shop under the terms and conditions outlined in the Franchise Agreement.

It is important to note that while the initial franchise fee is the same for both bakery and satellite locations, the overall investment costs can vary significantly. The FDD indicates that satellite locations are smaller, ranging from 275 to 850 square feet, compared to bakery locations, which range from 1,800 to 3,000 square feet. This difference in size can impact costs such as construction, leasehold improvements, and furniture, fixtures, and equipment.

Prospective franchisees should carefully consider whether a bakery or satellite location is more suitable for their business goals and financial capabilities. While a satellite location may have lower initial investment costs due to its smaller size, it is essential to understand that satellite locations must be supported by a bakery location for the primary and daily baking and production of all menu items. This means that a franchisee can only open a satellite location if they already own and operate a bakery location or if Bang Cookies authorizes them to do so.

Therefore, when evaluating the franchise opportunity, potential franchisees should review Item 7 of the FDD in detail, which provides an estimate of the initial investment for both bakery and satellite locations. They should also consult with Bang Cookies to determine whether they qualify to establish a shop as a satellite location and to understand the specific requirements and costs associated with each type of location.