factual

What is the estimated low and high range for leasehold improvements for a Face Foundrie franchise?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

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ITEM 7. ESTIMATED INITIAL INVESTMENT

Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be Paid
Low
Background Check Fee(1) $200 $600 Lump Sum Upon applying to

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, the estimated cost for leasehold improvements ranges from $45,000 to $233,000. These costs can fluctuate significantly based on several factors, including the size and condition of the premises, the presence of existing leasehold improvements, the extent and quality of desired improvements beyond Face Foundrie's minimum requirements, and any cash contributions from the landlord. The estimates also take into account whether union or non-union labor is used. These figures are based on Face Foundrie's experience opening affiliate-owned locations and the reported experiences of franchisees opening locations in 2024. The FDD notes that these figures may vary considerably in other parts of the United States.

The estimates assume that the Face Foundrie location will be in a suburban or urban retail lifestyle center space, with approximately 1,400 to 2,200 square feet. The estimates are based on spaces delivered in various conditions, but typically include a minimum of a level concrete floor suitable for floor coverings, HVAC, electricity, gas, sewers, bathroom facilities, water, and plumbing. The estimates also assume standard tenant improvements and exclude structural construction, site surveys, site plans, energy studies, exterior improvements, or building elevations.

Prospective Face Foundrie franchisees should be aware that these estimates also assume a typical tenant improvement allowance, cash contribution, or landlord work letter from the landlord for the cost of improvements. If these arrangements are not available, the franchisee's costs may be higher. Additionally, the costs of leasehold improvements may vary if items typically included in furnishings, fixtures, and equipment, such as flooring, lighting, and millwork, are instead included in the leasehold improvements category. The high end of the range includes any additional construction visits Face Foundrie may make to the site, as described in Item 5 of the FDD.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.