HTEAO FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a retail store offering purified water, purified ice, bottled water, water containers, coffee, hot teas, a large selection of freshly brewed iced teas, fresh fruit, snacks, cold food, various retail products, and other related items under the name HTEAO. If you acquire food truck rights, you also will have the right to operate a food truck selling HTEAO products.
Corporate Information
HTEAO FC, LLC is a Delaware limited liability company, successor-in-interest to HTeaO FC, LLLP, a Texas limited liability limited partnership and were formed as part of a corporate reorganization that occurred on December 28, 2022. They maintain a principal business address at 1322 Ranchers Legacy Trail, Fort Worth, Texas 76126. They and their predecessor have been offering franchises of the type described in this disclosure document
since April 2018.
Investment
The total investment necessary to begin operation of an HTEAO store ranges from $238,200 to $1,927,500, which includes $40,000 that must be paid to the franchisor or affiliate. The initial investment necessary to begin operation of an HTEAO store with the right to operate a food truck ranges from $276,600 to $324,500, which includes $25,000 that must be paid to the franchisor or affiliate. The total initial investment necessary to begin operation of an HTEAO store with the right to operate a business at a non-traditional venue ranges from $77,500 to $124,000, which includes $25,000 that must be paid to the franchisor or affiliate. If you are acquiring development rights under a development program, you will sign a development agreement
and pay a development fee equal to $40,000 for the first store, plus $17,500 for each additional store to be developed. For example, if you sign a development agreement for three Stores, you will pay the franchisor a development fee of $75,000 [$40,000 + [$17,500 x 2]]. You will be required to develop at least two Stores under a development agreement.
