How is the Business Development Fee paid to City Wide?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
Unless otherwise provided in the Operating Manual, although calculated on a monthly basis, Franchisee must pay CITY WIDE the Royalty Fees and Marketing Fees and other amounts due to CITY WIDE under this Agreement, fully close monthly financial statements and submit any reports due CITY WIDE under this Agreement every month, on or before the tenth (10th) day of each month.
All such Royalty Fees, Marketing Fees and other amounts due shall be tendered to CITY WIDE via ACH electronic withdrawal on or before their respective due dates.
The current Business Development Services Fee is $3,500 per month.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the Business Development Services Fee is paid via ACH monthly electronic withdrawal. The franchisee must pay City Wide the Royalty Fees and Marketing Fees and other amounts due under the Franchise Agreement, fully close monthly financial statements and submit any reports due to City Wide under the agreement every month, on or before the tenth (10th) day of each month.
This means that as a City Wide franchisee, you'll need to authorize electronic withdrawals from your bank account to cover these fees. This is a fairly standard practice in franchising, as it ensures timely payments and reduces administrative burdens for both the franchisee and franchisor. The Business Development Services Fee is $3,500 per month.
It is important to note that the Business Development Services Fee may vary based upon the terms of the Business Development Services Agreement. Franchisees should carefully review Attachment K, the Business Development Services Agreement, and Attachment H, the ACH Recurring Payment Authorization Form, to fully understand the payment terms and conditions.