Are utility security deposits potentially refundable for a Beyond Juicery Eatery franchise?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
Utility companies may require that you place a deposit prior to installing telephone, gas, electricity, cable, and related utility services.
A typical utility security deposit is equal to one-month's expense.
These deposits may be refundable in accordance with the agreements made with the utility companies.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 25–29)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, utility security deposits may be refundable. The FDD states that utility companies may require a deposit before installing services such as telephone, gas, electricity, and cable. A typical utility security deposit is equal to one month's expense.
Importantly, the refundability of these deposits depends on the agreements made with the utility companies. This means that a franchisee's ability to recover these deposits will be determined by the specific terms and conditions set by each utility provider.
Prospective Beyond Juicery Eatery franchisees should carefully review the agreements with utility companies to understand the conditions for deposit refunds. This includes understanding the duration the utility service must be active, any specific performance requirements, and the process for claiming the refund upon termination of services. Understanding these terms is crucial for managing the initial investment and forecasting potential returns.