To whom are the business licenses and permits fees for a Cilantro Taco Grill paid?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| YOUR ESTIMATED INITIAL INVESTMENT | ||||
|---|---|---|---|---|
| (Single Unit) | ||||
| Type of Expenditure | Amount | |||
| Leasehold Improvements, Construction and/or Remodeling6 | $85,000 - $250,000 | As required by supplier, contractor or landlord | Before opening, as required by supplier. | Suppliers, contractor and/or Landlord |
| Equipment, Furniture & | $45,000 - | As required by | Before opening | Suppliers |
| Fixtures7 | $150,000 | supplier | ||
| Interior and Exterior | $10,000 - | As incurred | Before opening | Suppliers |
| Signage8 | $20,000 | |||
| Business Licenses and Permits9 | $1,000 - $5,000 | As required by government agencies | Before opening, as required by government agencies | Government Agencies |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 18–21)
What This Means (2024 FDD)
According to the 2024 Cilantro Taco Grill Franchise Disclosure Document, the fees for business licenses and permits are paid to government agencies. These fees, which range from $1,000 to $5,000, cover costs such as building permits, sign permits, and certificates of occupancy. The actual amount depends on the location of the franchise and the specific requirements of local ordinances.
Prospective franchisees should contact their local governing agencies to determine the exact costs for these licenses and permits. The FDD specifically mentions the need to secure and maintain appropriate permits and licenses to serve beer and wine, noting that the cost for a beer and wine license can vary significantly, ranging from under $2,000 to over $50,000, depending on the jurisdiction.
Cilantro Taco Grill strongly recommends verifying the cost and availability of a beer and wine license before signing the Franchise Agreement. This is crucial because the expenses can vary widely and significantly impact the initial investment. Therefore, franchisees must conduct thorough due diligence to understand these costs and incorporate them into their financial planning.