When is the 360 Painting technology fee payable?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
an>ITEM 7: ESTIMATED INITIAL INVESTMENT
| Type of | Amount | Method of | When Due | To Whom |
|---|---|---|---|---|
| Expenditure | Payment | Payment is Made | ||
| Franchise Fee(1) | $65,000 | Wire | Up |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–23)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, the technology fee of $5,000 is payable before opening the business. The payment method is arranged between the franchisee and 360 Painting.
This fee is part of the initial investment a franchisee must make to start a 360 Painting franchise. Other expenses payable before opening include the franchise fee, vehicle costs, real estate and leasehold improvements, equipment and supplies, insurance, signage, grand opening expenses, and training expenses.
Prospective franchisees should budget accordingly to ensure they have sufficient funds available before commencing operations. It is important to note that all payments are fully earned and non-refundable unless specifically noted otherwise.