Is the initial franchise fee for Burneys Sweets More payable in installments?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
The initial franchise fee to open a BURNEY'S SWEETS & MORE Shop is $20,000. This initial franchise fee includes training for you (or, if you are a corporate entity, for one of your principals) and your manager at our training facility. The initial franchise fee also includes one terminal for the approved point-of-sale system. The initial franchise fee is payable in lump sum and is due and fully earned at the time you sign the franchise agreement and is not refundable
under any circumstances. During our last fiscal year, our initial franchise fee was uniformly applied.
Source: Item 5 — INITIAL FEES (FDD pages 10–11)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, the initial franchise fee is not payable in installments. The initial franchise fee to open a Burneys Sweets More shop is $20,000. This fee covers training for the franchisee (or a principal if the franchisee is a corporation) and their manager at the Burneys Sweets More training facility, as well as one terminal for the approved point-of-sale system.
The initial franchise fee is due in a single lump sum payment when the franchise agreement is signed. Once paid, the fee is considered fully earned by Burneys Sweets More and is non-refundable under any circumstances. The FDD states that Burneys Sweets More applied this initial franchise fee uniformly during its last fiscal year.
This means a prospective Burneys Sweets More franchisee must have the full $20,000 available at the time of signing the franchise agreement. This is a fairly standard practice in the franchise industry, as the initial fee is used to cover the franchisor's initial costs of setting up the franchisee and providing initial training and support. Franchisees should be aware of this requirement and ensure they have sufficient capital before proceeding with the franchise agreement.