What is the estimated high-end cost for kitchen equipment, furniture, and fixtures for a Burros Fries franchise?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Expenditure | Amount Low/High | Method of Payment | When Due | To Whom Payment is to be Made | |
|---|---|---|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 | Cash or Acceptable Funds | At signing of the Franchise Agreement. | Franchisor See Item 5 |
| Technology including Computers | $5,000 | $10,000 | Cash or Acceptable Funds (for computers, , modem, routers, sound system, camera surveillance system and telephones.) | Before opening | Payable to our approved vendors See Note 1 |
| Kitchen Equipment, Furniture and Fixtures | $120,000 | $160,000 | Cash or Acceptable Funds. Actual costs will vary based on the size of your facility. | Before opening | Payable to our approved vendors See Note 2 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 16–21)
What This Means (2024 FDD)
According to Burros Fries's 2024 Franchise Disclosure Document, the estimated high-end cost for kitchen equipment, furniture, and fixtures is $160,000. The low-end estimate is $120,000. These costs are payable to approved vendors before opening the Burros Fries business.
The FDD notes that the low-end estimate is based on opening a 1,350 square foot facility, while the high-end estimate is based on a 2,800 square foot facility. Therefore, the actual costs may vary depending on the size of the location. The equipment includes items such as commercial-grade refrigerators and freezers, microwave, toaster ovens, beverage dispensers, and a three-compartment sink. Furniture and fixtures include tables, chairs, stools, counters, a hostess stand, fabricated stainless steel worktables, filing systems, a beverage display refrigerator, shelving, cabinets, storage racks, and a small safe.
Prospective franchisees must lease or purchase all kitchen equipment, furnishings, and fixtures from Burros Fries, its affiliates, or approved vendors and suppliers. These items must meet the franchisor's specifications, which may change over time. The costs depend on financing terms and the condition of the equipment, furniture, and fixtures. The estimate does not include shipping or delivery costs, and may or may not be refundable depending on the terms of the invoice, lease agreement, or purchase agreement.