factual

What additional software fees are Brain Balance Satellite Center franchisees required to pay?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

r a Brain Balance® Satellite Center is $25,000. You are also required to license the proprietary software ("Software") from the Franchisor under the Application License Agreement and pay the Franchisor $10,000 for the Software license, both of which will be prorated based upon the remaining term of the Standard Center's Franchise Agreement. You would also pay the Franchisor a prorated amount of the $1,850 annual software maintenance fee and CRM License Fee for the balance of the first year of operation at the time the Software is activated, plus a prorated amount of the $1,000 in software fees you will pay to us

Source: Item 5 — INITIAL FEES (FDD pages 12–13)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, franchisees of a Brain Balance Satellite Center must pay several software-related fees in addition to the initial franchise and software license fees. These additional fees include a prorated amount of the $1,850 annual software maintenance fee and CRM (Customer Relationship Management) License Fee, which covers the balance of the first year of operation, calculated from the date the software is activated. Franchisees also pay a prorated amount of $1,000 for annual third-party software program access. These fees are in addition to the initial software license fee of $10,000. These fees are prorated based upon the remaining term of the Standard Center's Franchise Agreement.

These software fees are essential for maintaining and operating the Brain Balance Satellite Center, as they cover the costs of software maintenance, customer relationship management, and access to third-party programs necessary for delivering the Brain Balance program. The prorated nature of these fees for the first year allows franchisees to align their costs with the actual period of operation during that initial year.

It is important for prospective Brain Balance Satellite Center franchisees to understand these ongoing software costs, as they contribute to the overall financial investment and operational expenses of the franchise. Franchisees should factor these fees into their financial projections and business plans to ensure they have sufficient capital to cover these expenses. Understanding the timing and proration of these fees is also crucial for managing cash flow during the initial year of operation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.