When is the Preliminary Agreement Deposit due to Ben Jerrys?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
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ITEM 7 ESTIMATED INITIAL INVESTMENT
YOUR ESTIMATED INITIAL INVESTMENT
ESTIMATED EXPENDITURES FOR FULL-SIZED SHOPS (APPROXIMATELY 750-1200 SQ.FT)
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 28–37)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the Preliminary Agreement Deposit is due upon signing. The deposit ranges from $5,000 to $10,000 and is paid as a lump sum. This deposit is then credited towards the initial franchise fees.
It's important to note that this deposit is paid directly to Ben Jerrys. However, the FDD also indicates that the Preliminary Agreement Deposit may be waived for certain qualified managers through the Manager-to-Franchisee Pathways Program, as detailed in Item 5.
Prospective franchisees should confirm their eligibility for the Manager-to-Franchisee Pathways Program to potentially avoid this initial deposit. Understanding the specific requirements and conditions for waiving the deposit is crucial for financial planning.