What is the estimated range for construction and leasehold improvements for a Beard Papas franchise?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
ny portion of your initial fees.
Note 2: Construction and Leasehold Improvements – This estimate is for the cost of construction, construction management and build-out of Beard Papa's Stand-Alone Shop but does not including furniture, fixtures and equipment. Our estimates are based on the assumption that the typical square footage of a Stand-Alone Shop ranges from 300 to 1,000 square feet. These estimates are based on the assumption that the location that you select for your Stand-Alone Shop is a site delivered to you at a pre-existing stage where existing interior improvements consist of installed and functional heating/cooling with delivery systems, essential lighting, electrical switches and outlets, lavatories, a finished ceiling, walls prepared for painting and a concrete slab floor. This estimate does not include architectural fees or other fees charged by licensed professionals other than general contractors and licensed tradesmen and do not include any special heating cooling or ductwork required by a shop. The costs for developing your Stand-Alone Shop may be higher or lower than the estimates provided.
Note 3: Lease Deposits and Rent – Three Months – You must operate your Beard Papa's Stand-Alone Shop from a Shop Location that we approve and complies with state and local laws. If you do not already own or lease a suitable location, you will be required to lease a location that meets our standards and is approved by us. This estimate is based on the assumption that you will be leasing your Beard Papa's Shop Location and is for the estimated amount of the initial lease deposit that you will be required to pay to the landlord at the time of signing your lease and before opening your Shop. The estimate is based on the assumption that your lease deposit will be equal to three months of rent payments. The typical square footage for a Stand-Alone Shop ranges from 300 to 1,000 square feet. The amount of your lease deposit is something that you will directly negotiate with the landlord and will vary significantly based on a number of factors that include location and your own negotiations. This estimate does not include the purchase of real property should you elect to purchase the real property of your Shop Location.
Note 4: Ovens – You will be required to purchase ovens for your Shop directly from our designated supplier.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–26)
What This Means (2025 FDD)
According to the 2025 FDD, the cost of construction and leasehold improvements for a Beard Papas franchise is not specified as a concrete dollar range. However, the FDD provides explanatory notes regarding these costs for both Kiosk and Stand-Alone shop models. These estimates cover the construction, construction management, and build-out expenses, but exclude furniture, fixtures, and equipment. The estimates assume that the shop location is delivered at a pre-existing stage with functional heating/cooling systems, essential lighting, electrical outlets, lavatories, a finished ceiling, prepared walls, and a concrete slab floor. Architectural fees and special heating, cooling, or ductwork are also not included. The FDD notes that actual costs may vary.
For a Kiosk Shop, the typical square footage ranges from 300 to 800 square feet. For a Stand-Alone Shop, the typical square footage ranges from 300 to 1,000 square feet. The size and condition of the location will significantly impact the construction and leasehold improvement costs. The FDD emphasizes that the provided estimates are based on the experiences of Beard Papa's affiliate in developing these shop models, but franchisees should be prepared for potential variations in costs.
Prospective franchisees should carefully consider these factors and conduct thorough due diligence to determine the potential construction and leasehold improvement costs for their specific location. Obtaining detailed quotes from contractors and other professionals is essential to developing an accurate budget. Additionally, franchisees should clarify with Beard Papas what specific items are included and excluded from these estimates to avoid any unexpected expenses during the build-out process.