What is the estimated royalty fee for the Chocolate Fish Coffee location in Land Park, CA?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
Land Park, CA:
| Gross Sales: | $531,854.48 |
|---|---|
| Estimated Royalty Fees: | $31,911.27 |
| Estimated Brand Fund: | $5,318.54 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 37–38)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the estimated royalty fee for the Land Park, CA location is $31,911.27. This figure is based on gross sales of $531,854.48 for that specific location. The FDD also lists an estimated brand fund contribution of $5,318.54 for the Land Park location.
It's important to note that these figures are historical financial performance representations and not projections of future performance. Chocolate Fish Coffee states that individual results may vary, and there is no assurance that a franchisee will achieve the same sales or earnings. The FDD advises prospective franchisees to conduct their own independent investigation of costs and expenses.
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. Franchisees or former franchisees, listed in Item 20 of this Franchise Disclosure Document, may be one source of this information.
Item 19 of the FDD emphasizes that Chocolate Fish Coffee does not make any representations about a franchisee's future financial performance, except as included in Item 19 or when providing actual records of an existing outlet being purchased. Any other financial performance information received should be reported to the franchisor's management, the Federal Trade Commission, and appropriate state regulatory agencies.