When are the utility deposits due for a Marble Slab Creamery traditional restaurant?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
nd the insurance coverage you choose.
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- Deposits for utility services are typically required at the time the service is applied for, and may or may not be refundable.
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- We may require that you engage an attorney to review your lease or purchase agreement for the accepted site and supply us with reasonable documentation of this review, including a lease abstract and confirmation that (i) the Lease Rider has been signed (if you lease the site) and (ii) the terms in the agreement reflect the terms in any letter of intent between you and the third party seller or lessor. We strongly recommend that you seek the assistance of professional advisors when evaluating this opportunity.
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, utility deposits for a traditional restaurant are typically required at the time the service is applied for. These deposits may or may not be refundable. The estimated cost for utility deposits ranges from $2,200 to $3,000. These payments are made to utility companies.
Prospective franchisees should budget for these deposits as part of their initial investment. The fact that these deposits may not be refundable represents a financial risk. Franchisees should confirm deposit amounts and refund policies with local utility providers during their due diligence.
It's common practice in the franchise industry for utility deposits to be required when establishing a new business. These deposits ensure that the franchisee will pay for the utility services used. The specific amount can vary based on location, the size of the Marble Slab Creamery restaurant, and the utility company's policies.