When are the professional fees for a Bath Tune Up franchise due?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| 4.0% | $180,000.01 and above |
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| Initial Franchise Fee1 | $19,950 | Lump sum or fin |
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, professional fees, which range from $750 to $3,500, are due before opening. These fees are paid to professional advisors and are determined based on negotiations between the franchisee and the advisor.
Prospective Bath Tune Up franchisees should factor these costs into their initial investment and understand that the exact amount will depend on the professional services they require and the rates they negotiate. It is important to budget accordingly and potentially seek quotes from multiple advisors to ensure competitive pricing.
This 'before opening' timeframe is typical in franchising, as franchisees often need legal and financial advice to set up their business properly. Ensuring these fees are paid on time is crucial for a smooth launch of the Bath Tune Up franchise.