What do the Deka Lash utility cost estimates cover?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
- Note 16 Utilities. Utilities rates vary by market areas.
Additionally, some utilities such as gas, electric, sewer, water, or trash removal are included in the lease rate and some are not.
These costs estimate initial setup and 3 months of service.
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 utility cost estimates cover the initial setup and three months of service. The specific utilities included, such as gas, electric, sewer, water, or trash removal, may or may not be included in the lease rate, depending on the market area. The estimated initial investment for utilities ranges from $500 to $1,500.
Prospective franchisees should carefully review their lease agreements to determine which utilities are covered by the lease and which they will be responsible for paying separately. Given the variability in utility rates and lease terms across different market areas, it's crucial to conduct thorough research and budgeting to accurately estimate these costs.
It is important to note that these figures are estimates, and actual utility expenses may vary. Deka Lash franchisees should consult with local utility providers to obtain accurate quotes for their specific location and usage needs. Additionally, franchisees should factor in potential fluctuations in utility rates when projecting their ongoing operating expenses.