Oakberry FDD – Franchise Information, Costs and Fees
Type of Business
You will establish and operate a retail store that sells acai sorbets, smoothies, and other beverage and food products developed or approved by the franchisor, and related products and services, to the general public.
Corporate Information
Oakberry USA LLC is a Delaware limited liability company that was organized on February 4, 2022. Its principal place of business is at 120 NW 25th Street, Unit 202, Miami, Florida 33127. They first began offering franchises on July 1, 2022.
Investment
The total investment necessary to begin operations of an Oakberry Store franchised business is between $100,000 and $300,000. This includes the $30,000 initial franchise fee that must be paid to the franchisor or its affiliates. The total investment necessary to begin operations for a kiosk Oakberry Store is $65,000 to $100,000. This includes the $30,000 initial franchise fee that must be paid to the franchisor or its affiliates. Under the Multi-Unit Territory Development Agreement, a minimum of three Oakberry Stores must be developed. The development fee is $10,000 fee for each Oakberry Store to be opened under the Multi-Unit Territory Development Agreement. Franchisor will credit the $10,000 development fee paid for a particular Oakberry Store to the initial franchise fee of $30,000 when the applicable Franchise Agreement for the Oakberry Store is signed. The minimum total investment under the Multi-Unit Territory Development Agreement is $300,000 to $900,000.
