What is the range of the estimated initial franchise fee 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 franchis |
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 initial franchise fee ranges from $30,000 to $30,000. This fee is paid via check or wire transfer upon signing the franchise agreement and is made payable to Bombs Away.
The initial franchise fee provides the franchisee with the right to operate a Bombs Away franchise. It covers Bombs Away's costs associated with granting the franchise, including training and support. This fee is non-refundable.
It is important to note that the initial franchise fee is only one component of the total estimated initial investment, which ranges from $51,740 to $113,000. Prospective franchisees should carefully consider all the costs associated with opening a Bombs Away franchise before making a decision.