When are the Flooring expenses due 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, flooring expenses are due before opening the studio. The estimated cost for flooring ranges from $5,000 to $8,000, which includes the purchase, shipping, and installation of the flooring. The lower end of the estimate covers the specified flooring package for a 750 square foot facility, including associated shipping costs, while the higher end covers a 1,250 square foot studio.
As a prospective Deka Lash franchisee, it's important to factor in these costs when planning your initial investment. Securing the necessary funds before opening is crucial to ensure a smooth launch. Franchisees should confirm the exact flooring requirements and associated costs with approved third-party vendors to align with Deka Lash's standards.
It is also important to note that these costs can vary depending on the size of the facility. The FDD states the low amount is based on a 750 square foot facility and the high amount is based on a 1,250 square foot studio. Therefore, the size of the location you choose will directly impact the flooring expenses you incur.