What is the range for the Chocolate Bash franchise fee?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
ISE AGREEMENT
| Type of expenditure | Amount | Method of payment | When due | To whom payment is to be made | |
|---|---|---|---|---|---|
| Franchise fee (see Note 1) | $45,000 - | $45,000 | Check or wire transfer | Upon signing the franchise agreement | Us |
| Rent and Lease Security | $2,500 - | $16,000 | Check | Upon signing lease | Landlord |
| Deposit (see Note 2) | |||||
| Utilities | $100 - | $500 | Check, debit, and/or credit | Upon ordering service | Utility providers |
| Leasehold | $50,000 - | $100,000 | Check | As incurred or when billed | Contractors |
| Improvements | |||||
| Market Introduction | $10,000 - | $10,000 | Check, debit, and/or credit | As incurred or when billed | Vendors and sup |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2024 FDD)
According to the 2024 Chocolate Bash Franchise Disclosure Document, the franchise fee ranges from $45,000 to $45,000. This fee is paid via check or wire transfer upon signing the franchise agreement and is paid to Chocolate Bash.
For franchisees interested in a Multi-Unit Development Agreement (MUDA) for 2-4 units, the additional initial franchise fees range from $70,000 to $140,000. This payment is also made via check or wire transfer upon signing the MUDA and is paid to Chocolate Bash. The franchise fee for the second and subsequent franchises purchased under a Multi-Unit Development Agreement is reduced to $35,000.
It is important to note that these fees are non-refundable. Prospective franchisees should carefully consider these costs and payment terms when evaluating the Chocolate Bash franchise opportunity.