What is the estimated range for equipment costs when opening a Carls restaurant?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
| Equipment (8) | $385,000 | $594,000 | As arranged | As incurred | Vendors |
- (8) You must purchase certain items of furniture, fixtures, equipment, including point of sale system, and smallwares.
You may be able to lease from or finance through a third party a portion of these purchases, but you should expect to make a down-payment of up to 25%.
The high end of these figures also includes the cost to install a catalytic converter for the charbroiler.
If required, the cost of the catalytic converter is approximately $1,558.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 31–36)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, the estimated cost for equipment ranges from $385,000 to $594,000. This figure is part of the overall build-out costs for opening a new Carls restaurant. These costs are generally paid to vendors as they are incurred.
The equipment costs cover various items that are essential for the operation of the restaurant. The FDD specifies that you must purchase certain items of furniture, fixtures, equipment, including point of sale system, and smallwares. The high end of these figures also includes the cost to install a catalytic converter for the charbroiler. If required, the cost of the catalytic converter is approximately $1,558.
Carls notes that a franchisee may be able to lease or finance a portion of these purchases through a third party, but should expect to make a down payment of up to 25%. It is important to note that the figures provided are estimates and may vary based on market conditions and the geographic location of the franchise.