What fees are Bor Restoration franchisees required to pay before opening their franchise?

According to Bor Restoration's 2024 Franchise Disclosure Document, franchisees must pay several fees before opening their franchise. These include the Initial Franchise Fee, which varies based on territory size, ranging from $49,500 for a small territory to $69,500 for a large territory. Franchisees are also required to purchase an Opening Package of equipment, tools, and supplies, and the cost of this package is determined by what is currently being charged at the time of purchase.

Additionally, franchisees must purchase the BOR Software Suite by paying the BOR Software Suite Initial License Fee and pay a Technology Startup Fee. The FDD states that there are no refunds for any of these fees. These fees cover essential technology and equipment necessary to start and operate the Bor Restoration franchise.

Prospective franchisees should note that these pre-opening fees can represent a significant initial investment. It is important to budget accordingly and understand that these fees are non-refundable. Furthermore, franchisees should confirm the current costs for the Opening Package and the BOR Software Suite Initial License Fee with Bor Restoration to ensure accurate financial planning.