Is the list of professional fees that a Devon Creek franchisee may incur exhaustive?

According to Devon Creek's 2024 Franchise Disclosure Document, the list of professional fees that a franchisee may incur is not exhaustive. The FDD indicates that these fees may range from $1,500 to $2,000, payable as a lump sum when incurred, to suppliers. These fees could cover legal and accounting costs for reviewing franchise documents and the expenses of forming a separate legal entity.

Devon Creek explicitly states that the list of potential professional fees is not exhaustive, and the actual amount may vary significantly based on individual needs and location. The document strongly advises prospective franchisees to seek assistance from professional advisors when evaluating the franchise opportunity, the disclosure document, and the Franchise Agreement.

Furthermore, Devon Creek recommends consulting these professionals to review any other contracts related to starting the Franchised Business. This suggests that franchisees should anticipate additional, potentially unlisted, professional fees beyond the initial estimate. Therefore, it is crucial for potential franchisees to factor in a buffer for these variable and potentially extensive costs when planning their initial investment.