For The Standardx, what does the estimate for furniture, fixtures, other fixed assets, and equipment exclude?

According to The Standardx's 2025 Franchise Disclosure Document, the estimated cost for furniture, fixtures, other fixed assets, and equipment (FF&E), which ranges from $3,375,000 to $12,000,000, excludes specific items. This estimate covers costs for all FF&E for the hotel, but it does not include costs for telecommunications systems, security systems, and Technology System equipment, which are detailed separately. Additionally, the estimate excludes operating supplies and equipment (OS&E).

For a prospective The Standardx franchisee, this means that the initial investment for FF&E could be significantly higher than the stated range if you include the costs of telecommunications, security, and technology systems, as well as operating supplies and equipment. These exclusions are important to consider when budgeting for the initial investment, as these items are essential for the hotel's operation. The FDD provides separate cost estimates for these excluded items, allowing franchisees to get a more comprehensive view of the total investment required.

It is common in the franchise industry for the initial investment estimates to be broken down into various categories, with specific exclusions noted. This allows franchisors to provide more detailed and accurate estimates for each component of the investment. Franchisees should carefully review these exclusions and ensure they understand the full scope of the investment required to start the franchise. Prospective The Standardx franchisees should pay close attention to Notes 2 and 4 in Item 7 of the FDD, which provide further details on the costs of telecommunications, security, technology systems, and operating supplies and equipment.