What is the Accounting Services Fee for City Wide's services set forth on?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchisee's monthly Gross Sales, or as outlined in the Operating Manual. Franchisee must make all such payments to
the CITY WIDE Marketing Fund ("Fund"). CITY WIDE or its designee may expend amounts in the Fund by the terms of Section 10 of this Agreement.
- (b) Local Advertising. Franchisee must spend at least $1,200 annually on Franchisee's own advertising and promotion as outlined in the Operating Manual.
- 3.7.3 Accounting Services Fee. Franchisee is required to use Franchisor's financial reporting, bookkeeping and other accounting services for the first twelve (12)
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, franchisees are required to use City Wide's financial reporting, bookkeeping, and other accounting services for the first 12 months after completing the initial training program. This requirement is outlined in the Accounting Services Agreement, which is attached to the FDD as Attachment L.
The current Accounting Services Fee is $1,500 per month. However, the FDD states that this fee may be greater depending on the level of services the franchisee elects to receive.
The FDD also notes that this rate is subject to change based on the terms of the Accounting Services Agreement. Therefore, prospective franchisees should carefully review Attachment L to fully understand the scope of services provided and the conditions under which the fee may be adjusted.