What is the estimated range for utility deposits for a Deer Solution franchise?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
pan>A. Single Territory
| Type of Expenditure | Method of Payment | When Due | To Whom Payment is Made | ||
|---|---|---|---|---|---|
| Initial Franchise Fee | $49,500 | Lump sum | When Franchise | Us | |
| (Note 1) | Agreement is signed | ||||
| Construction and | $0 – $2,000 | As arranged | As incurred | Contractors, | |
| Leasehold | approved suppliers, | ||||
| Improvements (Note 2) | landlord | ||||
| Lease Deposits – | $0 – $900 | As arranged | As incurred | Landlord | |
| Three Months (Note 3) | |||||
| Furniture and | $0 – $2,000 | As arranged | As incurred | Approved suppliers | |
| Fixtures (Note 4) | |||||
| Utility Deposit | $0 – $200 | As arranged | As incurred | Suppliers | |
| Equipment (Note 5) | $600 – $1,300 | As arranged | As incurred | Us, affiliates, approved suppliers | |
| Initial Inventory | $3,700 – $4,400 | As arranged | As incurred | Us, affiliates, | |
| (Note 6) | approved suppliers | ||||
| Signage (Note 7) | $900 – $2,800 | As arranged | As incurred | Us, affiliates, approved suppliers | |
| Computer, Software, and Business Management System (Note 8) | $1,400 – $2,800 | As arranged | As incurred | Us, affiliates, approved suppliers | |
| Service Vehicle | $9,500 – $13,600 | As arranged | As incurred | Vehicle dealer | |
| (Note 9) | |||||
| Start-Up Marketing | $15,000 | As arranged | As incurred | Us, affiliates, | |
| (Note 10) | approved suppliers | ||||
| Insurance Deposits – | $400 – $1,300 | As arranged | As incurred | Insurers | |
| Three Months | |||||
| (Note 11) | |||||
| Travel for Initial | $900 – $2,800 | As arranged | As incurred | Airlines, hotels, | |
| Training (Note 12) | restaurants | ||||
| Professional Fees (Note 13) | $3,000 – $7,000 | As arranged | As incurred | Attorneys, accountants, advisors | |
| Licenses and Permits | $500 – $1,500 | As arranged | As incurred | Government | |
| (Note 14) | |||||
| Printing, Stationery and Office Supplies (Note 15) | $300 – $500 | As arranged | As incurred | Us, affiliates, approved suppliers | |
| Additional Funds – Three Months (Note 16) | $11,100 – $41,400 | As arranged | As incurred | Us, affiliates, employees, suppliers, landlord, utility suppliers | |
| Total Estimate (Note 17) | $96,800 – $149,000 | ||||
| ## Explanatory Notes to Item 7 for a Single Territory |
Note 1: Initial Franchise Fee – The Initial Franchise Fee for a Deer Solution Business under a Franchise Agreement is $49,500 for a sin
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–23)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the estimated initial investment for utility deposits ranges from $0 to $200. These deposits are paid as arranged and incurred to suppliers. This cost is part of the initial expenses to start a Deer Solution franchise.
The utility deposit covers expenses like electricity, water, and gas, which are essential for running the administrative office, especially if it's not located within the franchisee's home. The amount can vary based on the location and the utility company's policies. It is important to note that if the administrative office is located within the franchisee's home, these costs may be minimal or non-existent.
Prospective Deer Solution franchisees should budget for this expense as part of their initial investment. It is advisable to contact local utility companies to get a more accurate estimate for deposits in their specific area. This will help in creating a more precise financial plan for the franchise launch.