What grand opening advertising expenditures will CJR reimburse for a new Carls franchise, and what are the conditions for reimbursement?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
other prepaid expenses. This range also includes $12,000 to $14,000 for the initial inventory of food and paper for a Carl's Jr. Restaurant. These costs do not include utility deposits, installation of telephones, business licenses or cleaning supplies, which are not substantial.
- As described in Item 11, CJR will reimburse you up to $5,000 for grand opening advertising expenditures that you make during the period from 30 days before the Franchised Restaurant opens until 90 days after opening. Those
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 31–36)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, CJR may reimburse a new franchisee for grand opening advertising expenditures. CJR will reimburse up to $5,000 for grand opening advertising expenditures.
To qualify for this reimbursement, the advertising expenditures must be made during the period starting 30 days before the Carls restaurant opens and ending 90 days after opening. Additionally, these expenditures must receive pre-approval from CJR and adhere to the local advertising requirements outlined in the Franchise Agreement.
To receive the reimbursement, the franchisee must provide CJR with written proof of the advertising and its associated costs no later than 120 days after the restaurant opens. This ensures that Carls franchisees follow the proper procedures and guidelines to receive the grand opening advertising reimbursement.