When is the buildout management fee for Hck Hot Chicken payable?
Hck_Hot_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Buildout Management. You must use a supplier that we designate or have approved in writing to act as the construction management firm to assist you in managing the build out of your Restaurant. Additionally, we reserve the right to act as the construction management firm for the buildout of your Restaurant. If we exercise this right, we may use additional vendors to assist us with the buildout. You will pay us this fee at the time of lease signing for your location (or, at site approval by us if you own the proposed location).
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–23)
What This Means (2025 FDD)
According to Hck Hot Chicken's 2025 Franchise Disclosure Document, the buildout management fee is payable at the time of lease signing for the restaurant location. However, if the franchisee owns the proposed location, the fee is due upon site approval by Hck Hot Chicken. Hck Hot Chicken reserves the right to act as the construction management firm for the buildout of the restaurant and may use additional vendors to assist with the buildout.
Franchisees are required to use a supplier designated or approved in writing by Hck Hot Chicken to act as the construction management firm. This ensures that the buildout process adheres to Hck Hot Chicken's standards and specifications. The buildout management fee covers the cost of overseeing and coordinating the construction or remodeling of the restaurant space.
It is important for prospective franchisees to factor in this payment schedule when planning their initial investment. Understanding when the buildout management fee is due helps in managing cash flow and ensuring timely payments during the setup phase of the Hck Hot Chicken franchise.