What is the range of the initial franchise fee 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 |
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 initial franchise fee is $35,000. This fee is due at the signing of the Franchise Agreement and is payable to the Franchisor.
Unlike some other initial investments, the franchise fee is a fixed cost, meaning it does not vary. It is important to note that, as stated in Item 7, other than security deposits and utility deposits, all payments and fees described in Item 7 are non-refundable, so the initial franchise fee is non-refundable.
Prospective franchisees should factor this non-refundable fee into their financial planning and ensure they have a clear understanding of the terms and conditions outlined in the Franchise Agreement before signing.