To whom are payments for construction and leasehold improvements made for a Beard Papas franchise?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
| Amount | Method of Payment | When Due | To Whom Payment is Made | |
|---|---|---|---|---|
| Initial Franchise Fee | $45,000 | Lump sum | When Franchise | Us |
| (Note 1) | Agreement is signed | |||
| Construction and | $30,000 – $140,000 | As arranged | As incurred | Contractors, |
| Leasehold | suppliers, and/or | |||
| Improvements (Note 2) | landlord |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–26)
What This Means (2025 FDD)
According to Beard Papas's 2025 Franchise Disclosure Document, the payments for construction and leasehold improvements are made to contractors, suppliers, and/or the landlord. These costs, which range from $30,000 to $140,000 for a Stand-Alone shop and $35,000 - $150,000 for a Kiosk shop, are paid as incurred and arranged between the franchisee and the payee.
These costs cover the construction, construction management, and build-out of the Beard Papas shop, but do not include furniture, fixtures, and equipment. The estimates assume that the location is delivered at a pre-existing stage with functional heating/cooling systems, essential lighting, electrical outlets, lavatories, a finished ceiling, walls prepared for painting, and a concrete slab floor. The estimate also excludes architectural fees or other fees charged by licensed professionals other than general contractors and licensed tradesmen, and any special heating, cooling, or ductwork.
Prospective franchisees should note that the actual costs for developing their Beard Papas shop may be higher or lower than the provided estimates. It is important to obtain detailed quotes from contractors and suppliers to accurately assess these expenses. Additionally, franchisees should clarify with Beard Papas which specific improvements are covered under the standard build-out and what additional costs they might incur based on their chosen location.