To whom are travel for initial training payments made for a C3 Wellness Spa?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
MENT**
A. Franchise Agreement
| Type of Expenditure | Amount | When Due | To Whom Payment is Made | |
|---|---|---|---|---|
| Initial Franchise Fee | $45,000 | Lump sum | When Franchise | Us |
| (Note 1) | Agreement is signed | |||
| Constr |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–25)
What This Means (2024 FDD)
According to C3 Wellness Spa's 2024 Franchise Disclosure Document, the estimated cost for travel and lodging expenses for the initial training ranges from $2,010 to $5,952. These payments are made directly to airlines, hotels, and restaurants as incurred. C3 Wellness Spa does not charge a fee for the pre-opening initial training program itself.
This means that prospective franchisees should budget between approximately $2,010 and $5,952 for travel and lodging when attending the initial training program. The actual amount will depend on factors such as the distance traveled, choice of accommodation, and dining preferences.
It is important for prospective franchisees to factor in these costs when evaluating the overall initial investment required to start a C3 Wellness Spa franchise. While the initial training itself is free, the associated travel and lodging expenses can represent a significant outlay.