Does signing the franchise agreement obligate me to pay the initial fee to Bombs Away?

According to Bombs Away's 2024 Franchise Disclosure Document, signing the franchise agreement does obligate you to pay the initial franchise fee. Upon signing the agreement, the franchisee is required to pay the initial franchise fee, the amount of which is stated on the Summary Page. This fee is non-refundable.

This means that as a prospective Bombs Away franchisee, you must be prepared to pay the initial franchise fee at the time you sign the franchise agreement. It is important to note that this fee is non-refundable, so you will not get this money back, even if you later decide not to open a Bombs Away franchise.

Franchise agreements typically require an initial franchise fee to be paid upon signing, which compensates the franchisor for granting the franchise rights and providing initial support. The specific amount of the initial franchise fee for Bombs Away is found on the Summary Page of the Franchise Agreement. Prospective franchisees should carefully review this amount and ensure they have sufficient funds available before signing the agreement.