What is the low estimate for the Benjamin Franklin Plumbing franchise fee?
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 low estimate for the franchise fee for a start-up franchise is $43,000. This fee is paid in a lump sum when signing the Franchise Agreement. This estimate assumes that the franchisee licenses a single territory with a population of 100,000 and that no franchise fee discounts apply.
For franchisees converting an existing plumbing business into a Benjamin Franklin Plumbing franchise, the franchise fee structure differs. Under the Conversion Incentive Program, the franchisee pays $5,000 of the Franchise Fee upfront. The remaining balance is deferred for five years under a Promissory Note.
It's important to note that these figures represent estimates, and the actual initial investment can vary significantly based on factors such as the size and location of the territory, local market conditions, and other variables. Prospective franchisees should carefully review Item 5 of the FDD for a comprehensive understanding of the franchise fee calculation and potential discounts.