factual

Is the deposit for utility services for a Marble Slab Creamery franchise refundable?

Marble_Slab_Creamery Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Deposits for utility services are typically required at the time the service is applied for, and may or may not be refundable.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 32–43)

What This Means (2025 FDD)

According to Marble Slab Creamery's 2025 Franchise Disclosure Document, whether utility deposits are refundable depends on the specific circumstances. Item 7 notes that deposits for utility services are typically required when applying for the service. However, the FDD states that these deposits "may or may not be refundable." This means a prospective Marble Slab Creamery franchisee needs to verify the specific refund policy with the utility companies in their area.

For a Traditional Marble Slab Creamery Restaurant, the estimated initial investment for utility deposits ranges from $2,200 to $3,000. For a Satellite location, the range is $1,200 to $1,636. These figures are estimates and can vary based on location and the utility company's policies. It is important to factor in the possibility that these deposits may not be fully refundable when planning the initial investment.

As a prospective franchisee, it is crucial to contact local utility companies to understand their deposit requirements and refund policies. This will help in accurately estimating the initial investment and managing cash flow. Additionally, reviewing the lease agreement with professional advisors, as recommended in Item 7, can provide further clarity on utility-related responsibilities and potential costs.

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.