What does the high end of the leasehold improvement estimate assume for a Bb.Q Chicken Restaurant?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
The low end of our estimate assumes that you have leased space that previously operated as a restaurant and that you will convert to a Restaurant.
The high end of our estimate assumes that you have leased a "vanilla box" space and that more improvements are required.
Our estimate does not include any tenant improvement allowance that you may negotiate.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–27)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the high end of the leasehold improvements estimate, which ranges from $450,000 to $850,000, assumes that the franchisee has leased a "vanilla box" space. This means the space requires more extensive improvements to convert it into a fully operational Bb.Q Chicken restaurant.
In practical terms, a "vanilla box" typically refers to a commercial space that is essentially a blank canvas, often with minimal interior finishes. This could include basic walls, flooring, and electrical systems, but it lacks the specific infrastructure needed for a restaurant, such as kitchen equipment, specialized plumbing, and ventilation. Therefore, the higher estimate accounts for the costs associated with installing these necessary features.
Bb.Q Chicken notes that these figures are based on remodeling and finish-out rates in the Fort Lee, New Jersey area and may vary substantially based on local conditions, including the availability and prices of labor and materials. The franchisor also states that the estimate does not include any tenant improvement allowance that a franchisee may negotiate with the landlord. This means that the franchisee is responsible for covering the full cost of leasehold improvements unless they can secure an allowance from the landlord to offset some of these expenses.