What is the estimated royalty fee for the Chocolate Fish Coffee location in Folsom, CA?

According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, Item 19 includes financial performance representations for three company-owned locations. One of these locations is in Folsom, CA. The document provides data from 9/01/2022 through 9/30/2023.

For the Folsom, CA location, the FDD indicates that if the gross sales were $850,850.75, the estimated royalty fees would be $51,051.05 and the estimated brand fund contribution would be $8,508.51. It is important to note that Chocolate Fish Coffee states that individual results may differ, and there is no assurance that a franchisee will sell or earn as much.

The financial performance representation does not reflect the costs of sales, operating expenses, or other costs or expenses that must be deducted from the gross revenue or gross sales figures to obtain your net income or profit. The FDD advises that prospective franchisees should conduct an independent investigation of the costs and expenses they will incur in operating their Chocolate Fish Coffee Roasters business.

The FDD also clarifies that the company-owned locations do not actually pay royalties or marketing fees to Chocolate Fish Coffee. However, for the purposes of the financial performance representation, the document shows what the estimated expenditures would be (6% Royalty, 1% Brand Fund) had these locations incurred those expenses.