factual
What is the estimated low and high range for Chocolate Fish Coffee licenses and permits?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
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| payment | is to be made | |||||
|---|---|---|---|---|---|---|
| Signage | $3,000 | - | $8,000 | Vendor | ||
| Office Expenses | $500 | - | $1,000 | As incurred Check, debit, Upon | Vendors Our Affiliate, | |
| Inventory (see Note 4) | $10,000 | - | $15,000 | and/or credit ordering | Vendors | |
| Licenses and Permits | $500 | - | $2,000 | Check application Check, debit, | Government Vendors, trade | |
| Dues and Subscriptions | $200 | - | $500 | As incurred and/or credit | organizations | |
| Professional Fees | Check, debit, As incurred or | Professional service | ||||
| (lawyer, accountant, | $2,000 | - | $5,000 | and/or credit when billed | firms | |
| etc.) | ||||||
| Travel, lodging and | Cash, debit or | Airlines, hotels, and | ||||
| $3,000 | - | $6,000 | As incurred | |||
| meals for initial training | credit | restaurants | ||||
| Additional funds (for | ||||||
| first 3 months) (see Note | $30,000 | - | $60,000 | Varies Varies | # YOUR ESTIMATED INITIAL INVESTMENT - MULTI UNIT DEVELO |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–16)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the estimated initial investment for licenses and permits ranges from $500 to $2,000. This payment is made to government vendors and trade organizations. The method of payment is typically by check when applying for the licenses and permits, or by check, debit, or credit card. These fees are paid upon application.
Disclaimer: This information is extracted from the 2024 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.