What is the cost for each 90-day development schedule extension from Best In Class Education Center?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee 1 | AMOUNT 2 | DUE DATE | REMARKS |
|---|---|---|---|
| Development | $2,500 for each 90-day extension | At time you request extension | You may extend a development deadline for 90 days by paying us the extension fee. You are limited to a maximum of 4 extensions for a Center (360 days). |
| Schedule | |||
| Extension Fee | |||
| (ADA only) |
Source: Item 6 — OTHER FEES (FDD pages 12–17)
What This Means (2025 FDD)
According to the 2025 Best In Class Education Center FDD, franchisees may extend their development deadline for $2,500 for each 90-day extension. This fee is due at the time the franchisee requests the extension.
Best In Class Education Center limits franchisees to a maximum of four extensions for a Center, which totals 360 days. This means that a franchisee could potentially delay their development deadline by up to a year, but it would cost them $2,500 per quarter.
Development schedule extension fees are not uncommon in the franchise industry, as they compensate the franchisor for the continued support and resources provided to the franchisee during the development phase. It also incentivizes franchisees to adhere to the initial development timeline, as extensions come at an additional cost. Prospective franchisees should carefully consider their development timeline and budget to avoid incurring these extension fees.