factual

What does the estimate for furniture, fixtures, and equipment for a Crisp & Green franchise include?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

nchised Restaurant.

  • (5) This includes certain furniture and fixtures, art and décor, restaurant and catering supplies and wares, technology and related equipment for use in back-of-house operations, and a variety of other supplies and resources. This also includes the cost of setting up an offsite designated pickup area if you are approved to operate a Crisp & Go Location. This does not include, however, the components of the point-of-sale ("POS") or inventory management systems or the commercial kitchen that will be necessary for the operation of your Franchised Restaurant. These items must be purchased from suppliers. The price for these items will vary depending on the size and layout of the premises for your Franchised Restaurant and whether you elect to include optional add-in items; this estimate assumes that you will purchase only the standard items for your Franchised Restaurant and that your Franchised Restaurant is approximately 2,000 to 2,500 square feet and shares a layout similar to the Corporate Restaurants.
  • (6) There is no separate fee payable to us in connection with Crisp Academy, our initial training program, for up to four people. You will be responsible for making arrangements for travel, accommodations, and meals for your personnel attending Crisp Academy, and you will be responsible for making payments directly to third party providers. The estimate contemplates local accommodations and meals for four people during three weeks of Crisp Academy in Minnesota. The low end of the estimate assumes that you and the individuals attending training reside within driving distance of the training location, and the high end assumes travel will be needed, although expenses may vary significantly depending upon factors such as the distance traveled and mode of transportation.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–26)

What This Means (2024 FDD)

According to Crisp & Green's 2024 Franchise Disclosure Document, the estimated cost for furniture, fixtures, and supplies ranges from $64,000 to $85,000. This investment covers specific items necessary to outfit the franchise location.

The estimate includes furniture, fixtures, art, décor, restaurant and catering supplies, wares, technology, and related equipment essential for back-of-house operations. It also accounts for various other supplies and resources needed to run the Crisp & Green franchise. If approved to operate a Crisp & Go Location, the estimate also factors in the cost of setting up an offsite designated pickup area.

However, the estimate does not include the point-of-sale (POS) or inventory management systems, nor does it cover the commercial kitchen, all of which are necessary for the restaurant's operation. These excluded items must be purchased separately from suppliers. The final price for furniture, fixtures, and equipment can fluctuate based on the size and layout of the franchise location. The estimate provided assumes the restaurant is approximately 2,000 to 2,500 square feet and has a layout similar to corporate-owned restaurants, including only standard items.

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.