When is payment due for Mr. Sandless office equipment, furnishings, and office supplies?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
YOUR ESTIMATED INITIAL INVESTMENT
| Type of expenditure | Amount | Method of Payment | When due | To Whom Payment Is To Be Made | |
|---|---|---|---|---|---|
| Initial Franchise | $15,000 | $24,000 | Lump sum | Upon execution of the Franchise Agreement | Us |
| Fee 1 | |||||
| Grand Opening | $1,500 | $1,500 | As negotiated | First month of operation | Suppliers |
| Advertising 2 |
| Type of expenditure
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, payment for office equipment, furnishings, and office supplies is due before opening the business. The estimated cost for these items ranges from $0 to $1,500. Payment is made to the supplier and the method of payment is as negotiated.
Mr. Sandless estimates that franchisees will need a desk, chair, filing cabinet, task lighting, and a wastebasket for their office. Additionally, franchisees will need business cards, letterhead, and general office supplies such as staplers, pens, pencils, and paper clips.
Since the payment is due prior to opening, prospective franchisees should factor this expense into their initial budget and ensure they have sufficient funds available. Negotiating payment terms with the supplier could potentially provide some flexibility in managing cash flow during the startup phase.