What is the estimated low-end cost for furniture, fixtures, and equipment for a Bombs Away franchise?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
NITIAL INVESTMENT
| Type of expenditure | An | ount | Method of payment | When due | To whom payment is to be made | |
|---|---|---|---|---|---|---|
| Initial franchise fee (see Note 1) | $30,000 | - | $30,000 | Check or wire transfer | Upon signing the franchise agreement | Us |
| Rent, Utilities, and | $0 | - | $ |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, the estimated low-end cost for furniture, fixtures, and equipment is $100. This amount is part of the initial investment a new franchisee must make to start their Bombs Away business. The high-end estimate for these items is $500.
The franchisee will pay for these items via check, debit, or credit card. These payments are due as they are incurred. The franchisee will make these payments to vendors and suppliers.
It's important for prospective Bombs Away franchisees to carefully consider these costs and ensure they have sufficient capital to cover them. While $100 is the low-end estimate, actual costs may vary depending on the specific needs and choices of the franchisee. It would be prudent to research vendors and suppliers in their local area to get a more accurate estimate of these expenses.