Is the initial franchise fee paid to Bombs Away refundable?

According to Bombs Away's 2024 Franchise Disclosure Document, the initial franchise fee is not refundable. Upon signing the franchise agreement, the franchisee must pay the initial franchise fee, the amount of which is stated on the Summary Page.

This means that a prospective Bombs Away franchisee should be aware that once the franchise agreement is signed, the initial franchise fee is non-refundable, regardless of whether the franchisee proceeds with opening the business. This is a standard practice in franchising, as the initial fee covers Bombs Away's initial costs in setting up the franchise and providing initial training and support.

Given this non-refundable policy, it is crucial for potential Bombs Away franchisees to conduct thorough due diligence before signing the franchise agreement. This includes carefully reviewing the FDD, understanding the terms of the agreement, and assessing their own financial capabilities and business acumen. Seeking advice from experienced franchise consultants or attorneys is also advisable to make an informed decision.