When are payments for office furniture, fixtures, and equipment due for a Craters & Freighters franchise?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure (1) | Low Amount | High Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|---|
| Initial Franchise Fee (2) | $35,000 | $45,000 | Cash | Upon Execution of Franchise Agreement | Us |
| Travel | $2,500 | $5,000 | Cash | As Incurred | Vendors |
| Leasehold Improvements (3) | $5,000 | $15,000 | Varies | Prior to Opening of the Franchise Business | Contractors & Suppliers |
| Warehouse Tools & | $40,000 | $75,000 | Varies | Prior to | Vendors |
| Equipment (manual & | Opening of the | ||||
| powered tools, material | Franchised | ||||
| handling equipment) (4) | Business | ||||
| Warehouse Materials (lumber, plywood, hardware, foam, packing supplies) (5) | $15,000 | $25,000 | Prior to Opening of the Franchised Business | Vendors | |
| Office Furniture, Fixtures & Equipment | $5,000 | $10,000 | Varies | Prior to Opening of the Franchised Business | Vendors |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 16–18)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, payments for office furniture, fixtures, and equipment are due prior to the opening of the franchised business. The estimated cost for these items ranges from $5,000 to $10,000.
The method of payment for these items varies, suggesting franchisees may have different options depending on the vendor. These payments are made directly to the vendors supplying the furniture, fixtures, and equipment.
Prospective franchisees should factor this into their initial investment timeline, ensuring these items are secured and paid for before commencing operations. It's also advisable to clarify payment methods and vendor arrangements to manage cash flow effectively during the startup phase.