To whom are payments for equipment and smallwares made 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 Agreement | Us |
| Inventory2 | $8,800 | $27,500 | Vendor terms | Within 0 - 30 days of order | Approved vendors |
| Lease3 | $22,000 | $82,500 | Landlord terms | Monthly, depending on lease agreement | Landlord |
| Leasehold Improvements and Fixtures4 | $22,000 | $300,000 | Lump sum or (possibly) amortized by landlord | Varies depending on your contract with supplier | Supplier or Landlord |
| Furnishings | $1,100 | $20,000 | As incurred | Varies depending on your contract with supplier | Approved suppliers |
| Signage | $880 | $8,800 | As incurred | Varies depending on your contract with supplier | Approved suppliers |
| TYPE OF EXPENDITURE | AMOUNT LOW | HIGH | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS MADE |
| Equipment and Smallwares5 | $55,000 | $154,000 | As incurred | Varies depending on contract with supplier | Approved supplier |
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, payments for equipment and smallwares, which range from $55,000 to $154,000, are made to approved suppliers. These payments are due as incurred and the specific timing varies depending on the contract established with the supplier.
Prospective Burneys Sweets More franchisees should note that the cost of equipment and smallwares can vary significantly. The FDD indicates that these costs may fluctuate based on the franchisee's purchasing decisions and potential vendor price increases. Burneys Sweets More retains the right to mandate the purchase of specific equipment from designated vendors in the future, which could impact costs.
It is important for franchisees to carefully review their contracts with suppliers to understand the payment terms and any potential refund policies. Managing these relationships and understanding the associated costs will be crucial for maintaining financial stability during the initial phase of operating a Burneys Sweets More franchise.