Does the Bb.Q Chicken leasehold improvements estimate include tenant improvement allowances?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
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 leasehold improvements estimate does not include any tenant improvement allowance that a franchisee may negotiate. The cost of leasehold improvements for a Bb.Q Chicken restaurant can vary significantly, with estimates ranging from $300,000 to $450,000 for an Essential Restaurant and $450,000 to $850,000 for a standard restaurant.
The FDD notes that these figures are based on remodeling/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 condition of the space before taking possession also affects these costs. The low end of the estimate assumes the space previously operated as a restaurant and will be converted, while the high end assumes a "vanilla box" space requiring more improvements.
Given that the estimate does not include tenant improvement allowances, prospective Bb.Q Chicken franchisees should factor in the potential for negotiating such allowances with their landlord to offset some of the leasehold improvement costs. Tenant improvement allowances are financial contributions from the landlord towards the costs of customizing the leased space. The FDD advises that actual costs may vary greatly depending on the size and condition of the space and the cost to convert it to a Bb.Q Chicken restaurant.