What is the range for the impact study fee for a Bw Premier Collection franchise?
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 | Lump Sum | Prior to execution of the Distribution Agreement | |
| Impact Study Fee (3) | $0 - $4,000 | Lump Sum | Before | #### CONVERSION OF AN EXISTING HOTEL TO A SIGNATU |
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 Impact Study Fee ranges from $0 to $4,000. This fee is paid as a lump sum before the commission of the impact study and is payable to Bw Premier Collection. The purpose of the impact study is to assess the potential effect of the new Bw Premier Collection location on existing Bw Premier Collection properties.
If Bw Premier Collection requests an impact study upon receiving the application, the prospective franchisee is responsible for paying the Impact Study Fee. However, the document states that this fee is refundable if Bw Premier Collection denies the application for any reason. This provides some financial protection to the applicant in the event their application is not approved.
Impact studies are not uncommon in the franchise industry, particularly in sectors like hospitality where location and market saturation can significantly affect the performance of individual units. The fee covers the cost for Bw Premier Collection to conduct this study. A prospective franchisee should clarify with Bw Premier Collection under what specific circumstances an impact study is required to better anticipate this potential expense.