What is the high estimate for professional fees and licensing for a Benjamin Franklin Plumbing franchise?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
rsion Franchise and for a Start-Up Franchise.
TABLE 1 YOUR ESTIMATED INITIAL INVESTMENT FOR A CONVERSION FRANCHISE (1)
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made | |
|---|---|---|---|---|---|
| Low Estimate | High Estimate | ||||
| (2) Franchise Fee | $5,000 | $5,000 | Lump sum or financed | On signing of Franchise Agreement | Us |
| Grand | $0 | $6,000 | As arranged | As incurred | Vendors |
| (3) | |||||
| Opening Marketing | |||||
| Rent/Lease of Real Estate | $0 | $9,270 | As arranged | As incurred | Landlord |
| (4) | |||||
| (5) | $1,030 | $4,120 | As arranged | As i |
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 estimated initial investment for professional fees and licensing ranges from $4,635 to $20,600 for a start-up franchise. This includes costs associated with hiring or consulting with accountants and/or legal counsel to assist in the conversion of an existing plumbing services business to a franchised business. These fees are paid as arranged and as incurred to employees, vendors, and state and local governments.
For a conversion franchise, the estimated initial investment for professional fees and licensing ranges from $1,030 to $4,120. These fees are paid as arranged and as incurred to employees, vendors, and state and local governments.
It is important to note that these are just estimates, and the actual costs can vary considerably depending on various factors. A prospective Benjamin Franklin Plumbing franchisee should carefully consider their individual circumstances and consult with professionals to determine their specific needs and costs.