What is the estimated low and high cost for deposits for a Burneys Sweets More franchise?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS MADE | |
|---|---|---|---|---|---|
| LOW | HIGH | ||||
| PRE-OPENING COSTS1 | |||||
| Initial Franchise Fee | $20,000 | $20,000 | Lump sum | Due on signing Franchise Agre |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–20)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, the estimated cost for deposits ranges from $440 to $2,200. These deposits are typically paid in a lump sum before opening the franchise and are made to the landlord, utilities, and phone company. Note 7 clarifies that this estimate includes utility deposits and fees.
These deposits cover expenses such as security deposits for the leased property and initial setup fees for essential services. The lower end of the estimate likely applies to smaller locations in less expensive areas, while the higher end accounts for larger spaces in more urban locations with potentially higher utility costs.
Prospective franchisees should budget accordingly and confirm deposit amounts with their landlord and utility providers. Keep in mind that these deposits may or may not be refundable, so it's important to understand the refund policies of each entity before making payments.