What is the estimated low and high range for Flooring expenses for a Deka Lash franchise?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Fee | Estimated | Estimated | Method of | When Due | To Whom Payment |
|---|---|---|---|---|---|
| Amount Low | Amount High | Payment | is to be Made | ||
| Flooring (Note 10) | $5,000 | $8,000 | As Arranged | Before Opening | Third-party vendors |
- Note 10 Flooring.
These are the estimated costs to purchase, ship and install flooring to your facility.
The low amount is based on the specified flooring package for a 750 square foot facility and the associated shipping costs.
The high amount is based on the specified flooring package for a 1,250 square foot studio and the associated shipping costs.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2024 FDD)
According to Deka Lash's 2024 Franchise Disclosure Document, the estimated initial investment for flooring ranges from $5,000 to $8,000. These costs cover the purchase, shipping, and installation of flooring in the facility. The low estimate of $5,000 is based on the specified flooring package for a 750 square foot facility, including associated shipping costs. The high estimate of $8,000 is based on the specified flooring package for a larger, 1,250 square foot studio, also including shipping.
Prospective Deka Lash franchisees should consider the size of their intended studio space, as this will directly impact the flooring costs. The difference of $3,000 between the low and high estimates reflects the increased material and shipping expenses for a larger area. Franchisees should also confirm whether these estimates include the cost of installation, or if that is an additional expense.
It is important for potential franchisees to obtain detailed quotes from flooring suppliers and installers in their specific location to get a more accurate estimate. These costs can vary depending on the type of flooring chosen, local labor rates, and any specific requirements of the leased space. Understanding these variables will help franchisees budget appropriately and avoid unexpected expenses during the studio build-out process.