What is the estimated cost range for design and architect fees for a Baya Bar franchise?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
| | | |
| (1) Type of Expenditure | (2) Amount | (3) Method of Payment | (4) When Due | (5) To Whom Payment is to be Made |
|---|---|---|---|---|
| Utility Security Deposit (3) | $1,500 to $5,000 | As arranged | As arranged | Landlord, Utility Companies |
| Design & Architect | $7,500 to $10,000 | As arranged | As arranged | Design |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–20)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, the estimated cost for design and architect fees ranges from $7,500 to $10,000. These fees are paid as arranged directly to the designer or architect. Baya Bar requires franchisees to obtain construction plans for the build-out of their shop according to the brand's specifications.
Baya Bar retains the right to designate and/or approve the designer and/or architect that the franchisee chooses to use. This means a prospective franchisee may not be able to use just any architect or designer, potentially limiting options and pricing.
These costs are part of the initial investment required to start a Baya Bar franchise. It is important for potential franchisees to factor these expenses into their overall budget and to confirm whether Baya Bar has pre-approved any designers or architects in their area to streamline the process.