What is the initial franchise fee for a Casa De Corazon franchise?
Casa_De_Corazon Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure1 | Low Amount | High | Method of | When Due | To Whom |
|---|---|---|---|---|---|
| Amount | Payment | Payment is to be Made | |||
| Initial Franchise Fee2 | $70,000 | $70,000 | Lump sum | Upon signing the Franchise Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)
What This Means (2025 FDD)
According to Casa De Corazon's 2025 Franchise Disclosure Document, the initial franchise fee is $70,000. This fee is paid in a lump sum upon signing the Franchise Agreement and is payable to Casa De Corazon.
If a prospective franchisee signs a Development Agreement to open and operate at least two Casa De Corazon centers, they must pay a Development Fee. This fee is determined by multiplying $10,000 by the number of centers to be opened under the Development Agreement. The Development Fee is credited on a pro rata basis toward the Initial Franchise Fee for each center opened, with the franchisee paying the remaining balance of the Initial Franchise Fee.
It is important to note that the initial franchise fee is non-refundable. This is a common practice in franchising, as the fee compensates the franchisor for the initial costs of granting the franchise, including training, site selection assistance, and brand development. Prospective franchisees should factor this non-refundable fee into their financial planning and ensure they have sufficient capital to cover this expense.