What does the low end of the leasehold improvement estimate assume for a Bb.Q Chicken Restaurant?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
These figures are our principals' best estimate based on remodeling/finish-out rates in the Fort Lee, New Jersey area.
These amounts may vary substantially based on local conditions, including the availability and prices of labor and materials.
These costs may also vary depending on whether certain of these costs will be incurred by the landlord or through landlord tenant improvement contributions and the condition of the space before you take possession of the premises.
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 low end of the leasehold improvement estimate for a Restaurant assumes that the franchisee has leased a space that previously operated as a restaurant and will convert it into a Bb.Q Chicken Restaurant. Leasehold improvements encompass the costs associated with modifying the leased space to conform to Bb.Q Chicken's brand standards and operational requirements.
Conversely, the high end of the leasehold improvement estimate assumes the franchisee has leased a "vanilla box" space, which requires more extensive improvements. A vanilla box typically refers to a commercial space that is delivered with minimal finishes, such as basic walls, flooring, and essential utilities, requiring significant build-out to meet the specific needs of the restaurant.
These figures provided by Bb.Q Chicken 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 costs can also vary depending on whether certain expenses are covered by the landlord through tenant improvement contributions and the condition of the space before the franchisee takes possession. The estimate does not include any tenant improvement allowance that the franchisee may negotiate with the landlord.