What is the high estimate for the vehicle for a Bigfoot Forestry franchise based on?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
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- 5. Vehicle: You must have access to a new or used vehicle that meets our standards and specifications. The vehicle must be capable of transporting your crew and equipment to job sites. The vehicle must have a minimum towing capacity of 18,000 pounds. The low estimate assumes you already own or lease a suitable vehicle. The high estimate assumes you purchase a used commercial vehicle, which we estimate would cost $20,000 to $60,000. These estimates assume you purchase only 1 vehicle to start your Business. We estimate the cost to purchase a new vehicle will range from $60,000 to $95,000, but we do not recommend or expect franchises to purchase a new vehicle. If you choose to purchase a new vehicle,
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the high estimate for the vehicle, ranging from $0 to $60,000, assumes the franchisee purchases a used commercial vehicle. The FDD specifies that the vehicle must meet certain standards, including the capability of transporting the crew and equipment to job sites and having a minimum towing capacity of 18,000 pounds.
Bigfoot Forestry estimates the cost to purchase a new vehicle will range from $60,000 to $95,000, but they do not recommend or expect franchisees to purchase a new vehicle. If a franchisee chooses to purchase a new vehicle, their initial investment may be higher than the estimated range.
For prospective Bigfoot Forestry franchisees, this means carefully evaluating vehicle needs and considering the cost-effectiveness of purchasing a used commercial vehicle versus a new one. It's also important to ensure any vehicle meets the brand's standards and specifications for towing capacity and transportation capabilities.