Great American Cookies Franchise Cost & Fees
|Franchise Fee||Franchise Fee||$25,000|
|Real Estate and Improvements||
Traditional Store $110,000.
Baking Kiosk: $110,000.
Non-Baking Kiosk with Off-Site Baking Facility: $114,000
Traditional Store: $197,500.
Baking Kiosk: $170,000.
Non-Baking Kiosk with Off-Site Baking Facility: $242,500
|Other Opening Inventory||$2,500||$9,500|
|Travel and Living Expenses While Training||$1,000||$5,000|
|Grand Opening Advertising||$5,000||$5,000|
|Other Prepaid Deposits and Expenses||$3,000||$5,000|
Professional Fees Insurance (3 months)
Miscellaneous Opening Costs
$2,500 to $3,500 $5,000 to $10,000
|Additional Funds (3 Months)||$5,000||$10,000|
Traditional Store: $167,000
Baking Kiosk: $167,000
Non-Baking Kiosk with Off-Site Baking Facility: $171,000
Traditional Store: $296,500
Baking Kiosk: $269,000
Non-Baking Kiosk with Off-Site Baking Facility: $314,500
|Name of Fee||Amount|
|Royalty Fee||6% of Net Sales for the preceding week|
|Marketing Fee||2% of Net Sales for the preceding week|
|Local Marketing Expenditures||2% of Net Sales based on Net Sales for the previous quarter|
|Software Updates||Actual cost of updated software programs and training (if applicable)|
|Interest||18% per year (or maximum legal rate, if less)|
|Late Fee||$25 per week|
|Additional Training||Currently, $300 per employee or agent for each full or partial day|
|Additional Consulting Services||Currently, $300 per employee or agent for each full or partial day, plus their travel and living expenses|
|Assigned Trainers||The franchisors actual costs and expenses, including travel and living expenses for the trainers|
|Product, Service, Supplier, and Service Provider Review||The franchisors reasonable cost of inspecting the supplier, testing the proposed product, or evaluating the service provider or proposed service, including personnel and travel costs|
|Relocation Charge||The franchisors reasonable costs incurred in evaluating a proposed new Site|
|Transfer Fee||With several exceptions, $10,000 for a transfer of the store or Franchise Agreement|
|Transfer Referral Fee||$15,000|
|Successor Fee||30% of the then-current Franchise Fee|
|Continuing Inventory||$2,500 - $7,500|
|Insurance||Cost of the premium plus a reasonable fee for services in procuring the insurance|
|Accounting Fees||Actual cost of services (if applicable)|
|Audit||Cost of audit, including travel and living expenses, plus interest on the amount of the under-payment at an annual rate of the lesser of 18% or the maximum interest rate permitted by law|
|Inspection||The franchisors reasonable expenses incurred in inspecting the business, including travel and living expenses, wages, and other expenses for employees|
|Remedial Expenses||The franchisors reasonable expenses incurred in correcting the operational deficiencies|
|Enforcement Expenses||The franchisors reasonable cost of de-identifying the store|
|Indemnification||The franchisors liabilities, fines, losses, damages, costs, and expenses (including reasonable attorneys’ fees)|
Date of FDD: 06/06/2008
The above information has been taken from the UFOC/FDD of Great American Cookies
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