What financial services does City Wide provide to support the franchised business?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
CITY WIDE technology systems (required for the first thirty-six (36) months of operation.
(13) Accounting Services: CITY WIDE will provide you with various financial accounting, processing and reporting services, and other financial services in support of your CITY WIDE Franchised Business (required for the first twelve (12) months of operation).
(14) Business Development Services: CITY WIDE will provide you with assistance in prospecting and developing clientele, sales data clean-up, social media management and IC recruitment in support of your CITY WIDE Franchised Business (required for the first twelve (12) mont
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–24)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, City Wide provides franchisees with various financial accounting, processing, and reporting services, along with other financial services, for the first 12 months of operation. The estimated cost for these accounting services is $1,500 per month.
In addition to accounting services, City Wide requires franchisees to use ADP Payroll Services for their payroll processing. While franchisees are required to use ADP, City Wide retains "read only" access to the franchisee's payroll records. This access is solely for the purpose of aggregating data for analyzing and reporting purposes. The cost for these payroll services ranges from $1,000 to $3,500, paid as incurred to the required suppliers.
Prospective franchisees should consider these costs and services when evaluating the overall financial support provided by City Wide. Understanding the specific accounting and payroll services offered, as well as the duration of these services, is crucial for budgeting and financial planning. The requirement to use ADP Payroll Services is also an important factor, as it limits the franchisee's choice of payroll providers.