When is the Bw Premier Collection application fee of $4,000 due?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| check-out. This is the cost for the Canary GMS, although you may use the GMS of your choosing. | |||
| Studio Design Services | Per contract, determined by the scope of the project. | Due and payable monthly upon statement receipt. | Optional, affordable interior design creation and conceptual architectural services (for exteriors) available through our Studio Design team of interior designers and architects on a contract basis. |
| Column 1 Type of Expenditure | Column 2 Amount | Column 3 Method of Payment | Column 4 When Due |
| Application Fee (1) | $4,000 | Lump Sum | When you submit the Application to us for processing |
| Affiliation Fee (2) | $25,000 |
Source: Item 7 — Estimated Initial Investment (FDD pages 26–30)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the application fee of $4,000 is due when you submit the application to Bw Premier Collection for processing. This fee is a lump sum payment. It is important to note that this fee is generally non-refundable, as stated in the explanatory notes of Item 7.
This initial fee is part of the broader initial investment required to begin the process of opening a Bw Premier Collection franchise. Prospective franchisees should factor this into their initial costs, alongside other fees such as the affiliation fee and potential impact study fee.
Understanding when fees are due is crucial for managing the financial aspects of starting a franchise. The application fee represents one of the first financial obligations a franchisee will encounter, marking the beginning of their investment in the Bw Premier Collection franchise.