To whom do I pay the initial franchise fee for a Best In Class Education Center, and when is it due?
Best_In_Class_Education_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| YOUR ESTIMATED INITIAL INVESTMENT | ||||
|---|---|---|---|---|
| TYPE OF EXPENDITURE 1 | AMOUNT | WHEN DUE | ||
| Initial Franchise Fee 2 | $45,000 | Lump sum | At time you sign Franchise Agreement | Us |
| Initial Training Expenses 3 | $1,500 to $3,000 | As incurred | During training | Hotels, restaurants and airlines |
| Travel Expenses for Onsite | $1,300 to $3,800 | Lump sum | Prepaid estimate due | Us |
| Training 4 | 30 days before opening | |||
| Lease Deposit 5 | $4,000 to $6,000 | Lump sum | Before opening | Landlord |
| Build Out & Improvements 6 | $2,500 to $35,000 | As incurred | Before opening | Contractors, architects & suppliers |
| Signage 7 | $500 to $4,500 | Lump sum | Before opening | Suppliers |
| Decorating, Furniture & | $3,000 to $4,000 | As incurred | Before opening | Suppliers |
| Furnishings 8 | ||||
| Systems Implementation Fee 9 | $2,000 | Lump sum | At time you sign Franchise Agreement | Us or affiliate |
| Technology Systems 10 | $2,000 to $3,000 | Lump sum | Before opening | Suppliers |
| Utility Deposits | $500 to $1,000 | As incurred | Before opening | Utility companies |
| Business License | $200 to $400 | Lump sum | Before opening | Government agencies |
| Professional Fees 11 | $2,500 to $5,000 | Lump sum | Before opening | Suppliers |
| Insurance Premium | $875 to $1,200 | Lump sum | Before opening | Insurance companies |
| (3 months) | ||||
| Grand Opening Marketing | $10,000 | Lump sum | At time you sign | Us |
| Fee 12 | Franchise Agreement | |||
| Additional Funds 13 (3 months) | $8,500 to $18,600 | As incurred | As incurred | Landlord, us, business coaching organization, suppliers & employees |
| Total Estimated Initial | $84,375 to $142,500 | |||
| Investment 14 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–19)
What This Means (2025 FDD)
According to the 2025 Best In Class Education Center Franchise Disclosure Document, the initial franchise fee is $45,000. This fee is paid in a lump sum to Best In Class Education Center at the time you sign the Franchise Agreement.
In addition to the initial franchise fee, Best In Class Education Center requires a Systems Implementation Fee of $2,000, which is paid to Best In Class Education Center or an affiliate at the time you sign the Franchise Agreement. A grand opening marketing fee of $10,000 is also due to Best In Class Education Center when you sign the Franchise Agreement.
Furthermore, the FDD states that you must also pay Best In Class Education Center a pre-paid estimate for travel expenses for onsite training, ranging from $1,300 to $3,800. This payment is due 30 days before opening your Best In Class Education Center. After the onsite training is completed, Best In Class Education Center will reconcile the actual travel expenses with the pre-paid estimate and refund any overpayment or issue a credit against royalty fees.