What is the approximate monthly lease payment for Burneys Sweets More, excluding utilities?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
ING LEASES
The Company rents office space with Burney's Sweets & More, Inc. on a month-to-month basis lease cost share without commitment. Shareholders Michael and Gina Burney are shareholders of both entities. Lease payments are approximately $800/month plus utilities. DMG Burney, Inc. reimburses Burney's Sweets and More, Inc. $500/month. The rent expense for the building was $5,500 for the year ended Decembe
Source: Item 23 — RECEIPT (FDD pages 50–199)
What This Means (2025 FDD)
According to the 2025 Burneys Sweets More FDD, the company DMG Burney, Inc. rents office space with Burney's Sweets & More, Inc. The approximate monthly lease payment is $800, excluding utilities.
Notably, Michael and Gina Burney are shareholders of both DMG Burney, Inc. and Burney's Sweets & More, Inc., indicating a potential relationship between the franchisor and the entity they lease from. DMG Burney, Inc. also reimburses Burney's Sweets and More, Inc. $500 per month.
For a prospective Burneys Sweets More franchisee, this information highlights the potential cost for office space, although this figure reflects the franchisor's cost rather than a franchisee's. Franchisees should note that their actual lease payments may vary depending on location, size, and lease terms negotiated. It would be prudent to inquire about the typical range of lease payments franchisees can expect and factors that might influence these costs.