What is the low estimate for leasehold improvements for a Benjamin Franklin Plumbing franchise?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
rsion Franchise and for a Start-Up Franchise.
TABLE 1 YOUR ESTIMATED INITIAL INVESTMENT FOR A CONVERSION FRANCHISE (1)
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made | |
|---|---|---|---|---|---|
| Low Estimate | High Estimate | ||||
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 28–37)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the estimated initial investment for leasehold improvements is $1,030. This figure is part of a larger table outlining various startup costs for a new franchise. These costs are "as arranged" and "as incurred", meaning they are to be agreed upon between the franchisee and the contractor or landlord, and paid as the expenses arise.
This estimate is specifically for a start-up franchise and represents the lower end of the expected range. Leasehold improvements generally refer to modifications made to a leased space to make it suitable for the Benjamin Franklin Plumbing business. These improvements can include things like painting, flooring, and installing fixtures.
The FDD indicates that actual costs may vary significantly based on factors such as the size and location of the territory. Therefore, the $1,030 figure should be considered a minimum estimate, and prospective franchisees should conduct thorough due diligence to determine the likely costs in their specific area. It would be prudent to consult with contractors and landlords in their target market to obtain more accurate quotes for leasehold improvements.