Is there a cost for the sample drawings and specifications provided by Golden Krust Caribbean Restaurant?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
We will furnish you with sample drawings and specifications for your Golden Krust Restaurant, including mandatory and suggested requirements for dimensions, design, image, interior sample drawings, décor, fixtures, equipment, signs, furnishings and color scheme at no cost to you. You are obligated to build or renovate your Restaurant with plans and specifications that have been pre-approved by us. You are obligated to submit construction plans and specifications to us for approval before construction of the Restaurant is commenced and, at our request, to submit all revised or as built plans and specifications during the course of such construction.
Source: Item 22 — CONTRACTS (FDD page 35)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, Golden Krust Caribbean Restaurant will furnish franchisees with sample drawings and specifications for their Golden Krust Restaurant at no cost. These include mandatory and suggested requirements for dimensions, design, image, interior sample drawings, décor, fixtures, equipment, signs, furnishings, and color schemes.
However, franchisees are obligated to build or renovate their restaurants according to plans and specifications pre-approved by Golden Krust Caribbean Restaurant. Franchisees must submit construction plans for approval before starting construction and, if requested, submit revised plans during construction.
While the initial sample drawings and specifications are provided without charge, franchisees are responsible for all costs associated with developing the restaurant at the premises. This includes securing financing, obtaining permits and licenses, constructing improvements, purchasing fixtures and equipment, and buying an opening inventory of approved products and supplies. Therefore, while the initial design guidance is free, the franchisee bears the financial burden of implementing those designs.