Is the 360 Painting franchise fee refundable?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchise Fee.
The Franchise Fee is described in greater detail in Item 5 of this Disclosure Document.
All payments are fully earned and non-refundable unless specifically noted otherwise.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–23)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, the franchise fee of $65,000 is generally non-refundable. Item 7 provides a note clarifying that all payments to 360 Painting are fully earned and non-refundable unless specifically stated otherwise.
This means that a prospective 360 Painting franchisee should be aware that once the franchise agreement is signed and the fee is paid via wire transfer, there is typically no way to get that money back. This is a common practice in franchising, as the fee covers 360 Painting's initial costs of evaluating the franchisee, setting them up in the system, and providing initial training and support.
Given this non-refundable policy, it is crucial for potential 360 Painting franchisees to conduct thorough due diligence before signing the franchise agreement. This includes carefully reviewing the FDD, speaking with existing franchisees, and ensuring they have sufficient capital and a solid business plan. Understanding this policy upfront can help avoid potential financial disappointment should the franchisee decide not to proceed with the business after paying the initial fee.