How is the Relocation Assistance fee determined for an All States M.E.D. franchise?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Relocation Assistance | Our actual cost | At time of assistance | If you need our assistance to relocate. FA 3.9. |
Source: Item 6 — OTHER FEES (FDD pages 12–16)
What This Means (2024 FDD)
According to All States M.E.D.'s 2024 Franchise Disclosure Document, if a franchisee requires assistance to relocate their franchise, All States M.E.D. charges a Relocation Assistance fee. This fee is equivalent to All States M.E.D.'s actual cost incurred to provide the relocation assistance. The fee is due at the time the assistance is provided.
This means that the franchisee will need to cover the expenses All States M.E.D. incurs during the relocation process. The FDD does not specify what these costs might include, but it is likely to cover expenses such as travel, lodging, staff time, transportation of equipment, and other direct costs associated with the relocation.
As the Relocation Assistance fee is based on 'actual cost', it is difficult to estimate this expense in advance. A prospective franchisee should discuss with All States M.E.D. what typical relocation costs have been for other franchisees to get an idea of the potential expense. It would also be prudent to clarify what specific expenses are covered under 'actual cost' to avoid unexpected charges.