factual

What is the lowest possible monthly POS support fee for a Burros Fries franchise?

Burros_Fries Franchise · 2024 FDD

Answer from 2024 FDD Document

)

-
Audit Expenses Cost of Audit Fees plus interest at 18% per annum (1.5% per month) up to the maximum interest rate allowed by law. Ten days after receipt of audit report. Payable to us only if you understate Gross Revenues by 2% or more. We expect the cost to be between $3,500-$6,500 unless your financial records are not well kept.
Costs and Attorney's Will vary under circumstances. As Incurred. Payable as incurred by us in obtaining injunctive relief or the enforcement of any item of the Franchise Agreement.
Fees
Indemnification Will vary under circumstances. On Demand. As Incurred; See Note 4.
POS Support Currently $130-$140 per month for 1 cash register, software and ongoing support. Monthly. Payable to our approved vendors. See Note 5
Laundry Service Fees Currently $1,000-$1,500 per month for professional laundry services Monthly. Payable to our approved vendors. See Note 6
Inspection Fee $1,000 if you fail to pass an inspection for the second time. On Demand. Payable to us See Note 7 and Item 8.
Renewal Fee $5,000 At the time of every renewal for each franchise. Payable to us for the same protected area.
Product, Vendor and Equipment Testing Fee $300 per product, menu item or vendor. $300 for equipment testing. On Demand See Note 8

Source: Item 6 — OTHER FEES (FDD pages 12–16)

What This Means (2024 FDD)

According to Burros Fries's 2024 Franchise Disclosure Document, franchisees must use specific point of sale (POS) software. The POS support fee covers the usage of the software and ongoing support.

The FDD states that the POS support fee is currently between $130 and $140 per month for one cash register, software, and ongoing support. This fee is paid to Burros Fries's approved vendor. Therefore, the lowest possible monthly POS support fee is $130.

It is the franchisee's responsibility to install and upgrade the POS system, networking, and software for their Burros Fries business. The franchisor, Burros Fries, may change the technology requirements with ninety days' written notice, and the franchisee will be required to adhere to the new technology requirements at their own expense. These technology fees are non-refundable.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.