factual

How is the amount of the annual conference fee determined for Benjamin Franklin Plumbing franchisees?

Benjamin_Franklin_Plumbing Franchise · 2025 FDD

Answer from 2025 FDD Document

s. If we conduct on-site training, you must also pay the travel, meals and lodging expenses for our trainer(s). |

(1) Type of Fee Amount Date Due Remarks
Annual Conference Determined by us based on our anticipated costs of the conference. The attendance fee may vary based on the location of the conference, the number of attendees under your registration, the timing of your registration relative to the conference date, and other factors. As invoiced Applies only if we schedule an annual conference for franchisees. See Note 6 for additional information on conference attendance fees.
Non-attendance Fee $500 for the first missed conference and then $2,000 for any conference m

Source: Item 6 — OTHER FEES (FDD pages 18–27)

What This Means (2025 FDD)

According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the annual conference fee is determined by Benjamin Franklin Plumbing based on the anticipated costs of the conference. The amount may vary depending on factors such as the conference location, the number of attendees under a franchisee's registration, and the timing of registration relative to the conference date. This fee applies only if Benjamin Franklin Plumbing schedules an annual conference for franchisees.

For a prospective Benjamin Franklin Plumbing franchisee, this means the cost to attend the annual conference can fluctuate. Registering early and having fewer attendees may result in a lower fee. The FDD also mentions that prices for the conference will be the highest rate if you register on-site during the event, up to $600 per attendee.

It is important to note that if a franchisee fails to have the required individuals attend the annual conference, they may be subject to a non-attendance fee of $500 for the first missed conference, and then $2,000 for any conference missed consecutively thereafter. This highlights the importance of budgeting for and prioritizing attendance at the annual conference to avoid these additional costs.

While the FDD outlines the factors influencing the conference fee, it does not provide a specific dollar amount or a range of potential costs. A prospective franchisee should inquire with Benjamin Franklin Plumbing about historical conference fees and estimated future costs to better understand the financial commitment involved.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.