factual

What is the estimated range for the initial inventory costs for a Deck Medic franchise?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

VESTMENT**

A. Single Territory

Type of Expenditure Amount Method of Payment When Due
To Whom Payment is Made
Initial Franchise Fee $30,000 Lump sum When Franchise Us
(Note 1) Agreement is si

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)

What This Means (2024 FDD)

According to Deck Medic's 2024 Franchise Disclosure Document, the estimated initial inventory costs range from $2,500 to $5,000. This inventory includes required equipment and supplies, such as proprietary software, uniforms, business cards, contracts, and toolbox items. Deck Medic franchisees must purchase this initial inventory from DM Supplies, an affiliate of Deck Medic, or from their designated suppliers.

This initial inventory serves as a supplement to the parts and supplies that franchisees will need to purchase regularly for their Deck Medic business's day-to-day operations. If a franchisee intends to operate more than one service vehicle in their operating territory, they must purchase one initial product order per service vehicle.

Prospective franchisees should consider this cost when planning their initial investment. It is important to note that this is just an estimate, and actual costs may vary. Franchisees should also factor in the ongoing costs of inventory replenishment as part of their operational expenses.

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.