factual

What does the Carbones Pizzeria assume the general contractor will include in the construction costs?

Carbones_Pizzeria Franchise · 2025 FDD

Answer from 2025 FDD Document

In addition, we assumed the general contractor will include permitting fees in the construction costs.

The estimates assumes standard tenant improvements within a structure, designed for commercial use, and excludes items such as structural modifications, site work, energy studies, surveys and/or exterior improvements.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 10–12)

What This Means (2025 FDD)

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the estimated costs for improvements assume that the general contractor will include permitting fees in the construction costs. This is an important consideration for prospective franchisees as they plan their initial investment. Franchisees should confirm with potential contractors that their bids include these fees to avoid unexpected additional expenses.

The FDD also notes that the estimates for improvements are based on leasing a "vanilla shell" or "as is" space. This type of space should include the required areas for the restaurant, demised exterior walls, HVAC, roof, and utilities stubbed to the premises. The document specifies that the estimates assume standard tenant improvements within a structure designed for commercial use. The estimate excludes structural modifications, site work, energy studies, surveys, and/or exterior improvements.

Given these assumptions, it is critical for potential Carbones Pizzeria franchisees to carefully evaluate the condition of the leased space and the scope of work covered by the general contractor's bid. Franchisees should obtain detailed bids that clearly outline what is included and excluded to ensure accurate budgeting and avoid cost overruns. Understanding these assumptions will help franchisees make informed decisions about their initial investment and manage their construction expenses effectively.

Disclaimer: This information is extracted from the 2025 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.