What is the maximum amount for the Casiola Annual Conference Attendance Fee per person?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
| account by ACH or other means we designate. | |||
| Property Management System (PMS) | Currently $40 per month, per active rental property and subject to increase | Monthly on the first Thursday of each month | Monthly license for property management system. Payable to us or supplier as we designate. |
| Sales CRM | Currently $49 per month, per user and subject to increase | Monthly on the first Thursday of each month | Will be pre-deducted from Gross Sales received by us from customers of the Franchised Business, or, if applicable, automatically deducted from your bank account by ACH or other means we designated. |
| Customer Service and Refunds (Note 7) | Varies under the circumstances | On demand | Applies if, in our discretion, we elect to resolve a complaint or refund request by a customer. |
| Phone System | Currently $30 per month, per line established | Monthly on the first Thursday of each month | Will be pre-deducted from Gross Sales received by us from customers of the Franchised Business, or, if applicable, automatically deducted from your bank account by ACH or other means we designate. |
| Annual Conference Attendance Fee | Our then current conference fee, not greater than $1,000 per person | When invoiced | Applies to conference fee for an annual System conference. |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, franchisees may be required to pay an Annual Conference Attendance Fee. The fee will not be greater than $1,000 per person.
This fee is charged when Casiola invoices the franchisee for attending the annual system conference. It is important to note that the fee is subject to change, as it is based on the "then current conference fee." Therefore, the actual cost may vary in future years.
Prospective franchisees should factor this potential expense into their budget when evaluating the overall cost of investing in a Casiola franchise. It would be prudent to inquire with Casiola about the typical cost of attending the annual conference and whether attendance is mandatory.