Where can I find the fee structure for the accounting services provided by City Wide?
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, the fee structure for accounting services is detailed in Exhibit A of the Accounting Services Agreement, which is referenced as Attachment L. 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.
The FDD states that the current Accounting Services Fee is $1,500 per month, but this amount may increase depending on the level of services the franchisee elects. This fee is subject to change based on the terms outlined in the Accounting Services Agreement.
Prospective franchisees should carefully review Exhibit A and Attachment L to understand the full scope of services included, potential additional costs for higher service levels, and any conditions under which the fee may change. Understanding these details is crucial for budgeting and financial planning during the initial phase of operating a City Wide franchise.