What is the estimated range for a contractor's license and bond for a Bath Tune Up franchise?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Contractor’s License and Bond9 | $150 - $1,500 | Lump sum | As required by applicable law | Bonding or insurance company, Government agencies |
-
- A contractor's license and bond are required only in states that require a contractor's license.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–22)
What This Means (2025 FDD)
According to Bath Tune Up's 2025 Franchise Disclosure Document, the estimated cost for a contractor's license and bond ranges from $150 to $1,500. This is a one-time, lump sum payment due as required by applicable law. The payment is made to bonding or insurance companies, as well as government agencies.
It's important to note that a contractor's license and bond are only required in states that mandate them. This means that not all Bath Tune Up franchisees will incur this expense. The actual cost will depend on the specific requirements of the state in which the franchise operates.
Prospective franchisees should investigate the licensing requirements in their state to determine if a contractor's license and bond are necessary. If required, they should contact bonding or insurance companies and government agencies to obtain accurate cost estimates. This will help them to budget appropriately for their initial investment.