What is included in the high end of the range for Face Foundrie leasehold improvements?

According to Face Foundrie's 2025 Franchise Disclosure Document, the estimated initial investment for leasehold improvements ranges from $45,000 to $233,000. The high end of this range includes any additional construction visits that Face Foundrie may make to the franchisee's site, as described in Item 5 of the FDD. Item 5 was not included in the provided documentation.

The cost of leasehold improvements can vary significantly based on several factors. These include the size and condition of the premises, whether existing comparable leasehold improvements are already in place, the extent and quality of improvements the franchisee desires beyond Face Foundrie's minimum requirements, and the landlord's contribution to the cost of improvements. The use of union versus non-union labor can also affect costs.

The estimates provided by Face Foundrie are based on the assumption that the location is in a suburban or urban retail lifestyle center space, with approximately 1,400 to 2,200 square feet. These estimates also assume that the space has a level concrete floor suitable for floor coverings, HVAC, electricity, gas, sewers, bathroom facilities, water, and plumbing. The estimates exclude structural construction, site surveys, site plans, energy studies, exterior improvements, or building elevations. The estimates also assume a typical tenant improvement allowance, cash contribution, or landlord work letter from the landlord for the cost of improvements. Franchisees should be aware that their costs may be higher if these arrangements are not available through their landlord.