To whom is the Benjamin Franklin Plumbing franchise fee paid?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made | |
|---|---|---|---|---|---|
| Low Estimate | High Estimate | ||||
| (2) Franchise Fee | $43,000 | $43,000 | Lump sum or financed | On signing of Franchise Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 28–37)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the franchise fee is paid to "Us," which refers to the franchisor. The initial franchise fee for a Benjamin Franklin Plumbing franchise ranges from $43,000.
The FDD outlines that this fee is typically paid as a lump sum when signing the Franchise Agreement. However, the document also mentions a Conversion Incentive Program where only $5,000 of the franchise fee is paid upfront, with the remainder potentially deferred and even forgiven under certain conditions.
It is important to note that the FDD specifies that none of the expenses listed in the initial investment table are refundable, except possibly certain deposits and pre-paid expenses paid to third parties. Therefore, the franchise fee is generally non-refundable. A prospective franchisee should carefully review the terms of the Franchise Agreement and any related incentive programs to fully understand the payment schedule, potential for forgiveness, and refundability of the franchise fee.