What is the estimated maximum cost for furniture and fixtures for a Devon Creek franchise?
Devon_Creek Franchise · 2024 FDDAnswer from 2024 FDD Document
| Signage6 | $500 | $5,000 | As Agreed | As Incurred | Outside Suppliers |
|---|---|---|---|---|---|
| Business Licenses | $100 | $1,000 | As Agreed | As Incurred | Governmental |
| and Permits7 | agencies | ||||
| Initial Inventory to | $500 | $1,000 | Lump Sum | As Incurred | Outside |
| Begin Operating8 | Suppliers | ||||
| Furniture & Fixtures9 | $100 | 7,500 | Lump Sum | As Incurred | Outside Suppliers |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT – START UP FRANCHISEE (FDD pages 16–21)
What This Means (2024 FDD)
According to Devon Creek's 2024 Franchise Disclosure Document, the estimated high-end cost for furniture and fixtures is $7,500. This figure is part of the initial investment needed to start a Devon Creek franchise.
The FDD specifies that this cost is a lump sum payment and is incurred as needed from outside suppliers. Furniture and fixtures include items necessary for setting up an office space, such as desks, chairs, shelving, and file cabinets.
Prospective Devon Creek franchisees should consider this cost when planning their initial investment. It's important to note that this is just an estimate, and actual costs may vary. Franchisees are responsible for setting up their office space and ensuring they have the necessary furniture and fixtures to operate their business effectively.