What was the range of training fees that Chesters received from franchisees during the 2024 fiscal year?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
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You must pay us a $3,500 training fee in a lump sum when you sign the Agreement. The training fee is not refundable under any circumstances. During the 2024 fiscal year, the training fees we received from franchisees ranged from $0 to $3,50
Source: Item 5 — INITIAL FEES (FDD pages 13–14)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, the training fees that Chesters received from franchisees during the 2024 fiscal year ranged from $0 to $3,500. A new Chesters franchisee must pay a $3,500 training fee in a lump sum when signing the Franchise Agreement. This fee is non-refundable under any circumstances.
This indicates that while the standard training fee is $3,500, Chesters may have, in some instances, waived the training fee entirely. This could be due to various factors such as promotional incentives, special agreements with certain franchisees, or other considerations at the discretion of Chesters.
A prospective franchisee should inquire about the circumstances under which the training fee might be reduced or waived, and whether they might be eligible for such a reduction. Understanding the conditions affecting the training fee can help a potential franchisee better assess their initial investment and negotiate terms, if possible.