What specific kitchen equipment is required to operate a Burros Fries Business?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
Note 2: This is an estimate for the items you will need for kitchen equipment, furnishing and fixtures. You must purchase various used or new pieces of kitchen equipment for the operation of your Business as specified in the Operations Manual. The kitchen equipment you will need to operate your Business includes, but is not limited to commercial grade refrigerators, commercial grade freezers, microwave, toaster ovens, beverage dispensers, and a three-compartment sink. The furnishings and fixtures necessary to operate your Business include but are not limited to tables, chairs, stools, counters, hostess stand, fabricated stainless steel worktables, filing systems, one beverage display refrigerator, shelving, cabinets, storage racks and one small safe for the operation of your Business. The low end of the estimate given is based on opening a 1,350 sq. foot facility and the high end of the estimate is based on opening a 2,800 sq. foot facility. Actual kitchen equipment, furniture and fixture costs may vary due to the square footage of your facility. Sales tax is charged separately by each state and is not included in these estimates. Sales tax may range from three percent (3%) to ten percent (10%) of the purchase price and are not included in these estimates. You are responsible for paying all applicable sales taxes. You must lease or purchase all kitchen equipment, furnishing and fixtures from us, our affiliates or our approved vendors and suppliers. In addition, you must lease or purchase all kitchen equipment, furnishings and fixtures that meet our specifications, which may change from time to time. The cost of all kitchen equipment, furnishing and fixtures will depend on financing terms available, the condition of the kitchen equipment, furnishing and fixtures and other factors. You may be able to take advantage of tax benefits for the lease or purchase of all your kitchen equipment, furnishing and fixtures as you are encouraged to talk with a tax professional. Expenses for the kitchen equipment, furniture and fixtures do not include shipping or delivery costs and may or may not be refundable depending on the terms of your invoice, lease agreement or purchase agreement.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 16–21)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, franchisees must purchase kitchen equipment, furnishings, and fixtures. The estimated cost for these items ranges from $120,000 to $160,000, depending on the facility size. The low end of the estimate is based on a 1,350 sq. foot facility, while the high end is based on a 2,800 sq. foot facility. These costs do not include sales tax, which may range from 3% to 10% of the purchase price, depending on the state.
The required kitchen equipment includes commercial-grade refrigerators and freezers, a microwave, toaster ovens, beverage dispensers, and a three-compartment sink. Furnishings and fixtures include tables, chairs, stools, counters, a hostess stand, fabricated stainless steel worktables, filing systems, one beverage display refrigerator, shelving, cabinets, storage racks, and a small safe.
Burros Fries requires that franchisees lease or purchase all kitchen equipment, furnishings, and fixtures from approved vendors or suppliers and that the equipment meets the franchisor's specifications, which may change over time. The actual cost will depend on financing terms and the condition of the equipment. Shipping and delivery costs are not included in the estimate and may or may not be refundable depending on the terms of the invoice, lease agreement, or purchase agreement. Franchisees are encouraged to consult with a tax professional regarding potential tax benefits for the lease or purchase of these items.