What is the estimated range for the security deposit for a Bens Soft Pretzels franchise?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
e Venue Store)**
| Type of Expenditure* | Amount | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|
| Initial Franchise Fee (1) | $30,000 | Lump sum. | Due upon signing the Franchise Agreement. | Us. |
| Travel and Living | $1,000 to $10,000 | As incurred. |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–18)
What This Means (2025 FDD)
According to Bens Soft Pretzels' 2025 Franchise Disclosure Document, the estimated security deposit for a Traditional or Captive Venue Store ranges from $1,600 to $12,000. This deposit is typically paid before opening the store.
The security deposit is paid to the landlord and potentially to Bens Soft Pretzels LLC and Evan Jones Management Inc., which are listed as affiliates. This suggests that the franchisee may be leasing the premises from the franchisor or its affiliates, or that they are involved in the leasing process.
Security deposits are a common requirement in commercial leasing to protect the landlord against potential damages or unpaid rent. The wide range in the estimated cost suggests that the actual amount will depend on the specific location, the size of the premises, and the landlord's requirements. A prospective Bens Soft Pretzels franchisee should clarify with the franchisor and the landlord the specific factors that determine the security deposit amount for their location.