What is the range of the Impact Study Fee for a Bw Premier Collection franchise, and when is it 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 | 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 payable as a lump sum. The fee is due before the commission of the impact study.
The Impact Study Fee is contingent upon whether Bw Premier Collection requests an impact study after receiving an application from a prospective hotel owner. If the study is required, the franchisee must pay the fee to allow Bw Premier Collection to conduct the study. However, the document states that if Bw Premier Collection denies the application for any reason, the Impact Study Fee will be refunded to the applicant.
This fee is part of the initial investment required to affiliate with Bw Premier Collection. It is important for potential franchisees to understand the conditions under which this fee is required and the circumstances under which it may be refunded. Understanding these details helps in accurately estimating the initial financial commitment and planning accordingly.