When is the application fee due for a Bw Premier Collection franchise?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due |
|---|---|---|---|
| Application Fee (1) | $4,000 | Lump Sum | When you submit the Application to us for processing |
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 in a lump sum. Specifically, it is payable 'When you submit the Application to us for processing.' This means that a prospective franchisee must pay the application fee at the time they formally submit their application to Bw Premier Collection for consideration.
This requirement is standard practice in the franchise industry, as application fees are typically used to cover the franchisor's costs associated with reviewing and processing applications, conducting background checks, and assessing the applicant's suitability. The application fee is non-refundable. Therefore, prospective Bw Premier Collection franchisees should carefully consider their interest in the franchise and their qualifications before submitting an application and paying the fee.
It's important to note that the application fee is separate from other fees, such as the affiliation fee of $25,000, which is due prior to the execution of the Distribution Agreement. Additionally, an impact study fee ranging from $0 to $4,000 may be required before the commission of an impact study, should Bw Premier Collection deem one necessary.