What is the high estimate for travel expenses for initial training 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 si |
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 high estimate for travel expenses for initial training is $5,150. This estimate covers the travel, lodging, and meals for three people for up to five days in Phoenix, Arizona, where the training program is held. These costs can fluctuate based on the franchisee's origin point, travel method, accommodation choices, and dining preferences.
Prospective Benjamin Franklin Plumbing franchisees should consider these travel expenses when planning their initial investment. It is important to note that the estimate covers three individuals, so if additional personnel require training, the costs could increase. Franchisees should also factor in potential variations in travel and accommodation costs based on their specific choices and circumstances.
While the FDD provides an estimate, it's crucial for franchisees to research and budget for their actual travel expenses. This includes comparing flight or transportation options, researching hotel rates in Phoenix, and estimating meal costs. Keeping these factors in mind will help franchisees accurately assess their initial investment and avoid unexpected financial burdens.