What does the insurance estimate cover for a Cd One Price Cleaners Satellite Store?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
- Note 9: This item estimates the premium payments due in the first 3 months of operation for the required insurance policies.
Satellite Stores are smaller, have fewer employees and do not
provide cleaning or pressing processing, so they are not required to maintain environmental pollution insurance. Some insurance premiums are pre-paid for a full 12-month period.
Source: Item 7 — Estimated Initial Investment (FDD pages 20–28)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the insurance estimate for a Satellite Store covers premium payments for required insurance policies during the first 3 months of operation. Cd One Price Cleaners notes that some insurance policies may require a full year's premium to be paid upfront.
Because Satellite Stores are smaller, have fewer employees, and do not handle cleaning or pressing, they are not required to maintain environmental pollution insurance.
This estimate does not specify the exact types of insurance policies covered, besides excluding environmental pollution insurance. A prospective Cd One Price Cleaners franchisee should confirm with the franchisor the specific insurance policies required and included in the estimate to budget accordingly.