When must all three franchise agreements be signed for the Bens Soft Pretzels three-store program?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
tional franchise. We also offer a program which allows for deferred payment of part of the initial franchise fee to franchisees willing to commit to open up three Stores. As noted in Item 5, the total initial franchise fee for this program is $65,000, $47,500 of which is due when you sign the franchise agreements for the three Stores. The program is not offered at further reduced fees for honorably discharged veterans. You will sign all three franchise agreements
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–18)
What This Means (2025 FDD)
According to Bens Soft Pretzels' 2025 Franchise Disclosure Document, if a franchisee participates in the three-store program, all three franchise agreements must be signed at the same time. This program requires a total initial franchise fee of $65,000, with $47,500 due upon signing the franchise agreements for all three stores.
This simultaneous signing requirement is a notable aspect of the three-store program. It means that a prospective franchisee must be ready to commit to all three locations upfront, securing the necessary capital and business plans for each. This differs from a more gradual expansion approach where franchise agreements are signed sequentially as each location is developed and opened.
It's important to note that the reduced franchise fee for honorably discharged veterans does not apply to the three-store program. While veterans typically receive a discounted initial franchise fee of $15,000 for the first franchise and $10,000 for additional franchises, this discount is not available under the three-store program. Therefore, veterans considering this option should factor in the full $65,000 initial franchise fee when evaluating the investment.