What discount do veterans receive on the franchise fee for a Cinch I.T. franchise?

According to the 2024 Cinch I.T. Franchise Disclosure Document, Cinch I.T. offers a veteran initiative program that provides honorably discharged veterans of the United States armed forces and their spouses with a discount on the franchise fee. Specifically, veterans and their spouses receive a 50% discount on the then-current franchise fee for each Cinch I.T. franchise.

This discount can significantly lower the initial investment required to start a Cinch I.T. franchise. The standard franchise fee is $15,000, so eligible veterans would pay $7,500. This initiative aims to support veterans in becoming franchise owners, reducing the financial barrier to entry.

It is important to note that the discount applies to the then-current franchise fee, meaning that if Cinch I.T. increases the franchise fee in the future, the discount will be based on the new, higher amount. Veterans should verify their eligibility and understand any specific requirements or documentation needed to claim this discount when signing the Franchise Agreement.