Is the initial technology fee for a 360 Painting franchise refundable?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
to $65,000.
Initial Technology Fee
You must pay us an initial technology fee of $5,000 in one-lump sum upon signing the Franchise Agreement. The Ini
Source: Item 5 — INITIAL FEES (FDD page 18)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, the initial technology fee is not refundable. The initial technology fee is $5,000, which must be paid in one lump sum when signing the Franchise Agreement. Because it is non-refundable, a prospective franchisee should be aware that this fee will not be returned under any circumstances, even if the franchise agreement is terminated early.
This non-refundable fee covers the initial costs associated with the technology systems that 360 Painting requires franchisees to use. These systems include business management software and contact center services, as detailed in Item 11 of the FDD. The technology is integral to managing customer interactions, scheduling, and overall business operations.
Given that the $5,000 initial technology fee is non-refundable, prospective 360 Painting franchisees should carefully evaluate the technology and systems provided by the franchisor. Understanding the value and functionality of these tools is crucial before committing to the franchise. It is also important to factor this non-refundable fee into the overall cost of starting the franchise.