What is the maximum evaluation fee that City Wide can charge if it terminates the agreement?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
roof of financing or assets. CITY WIDE will not begin training until Franchisee satisfies this requirement.
- 3.4 Refunds. The Initial Fees will be deemed fully earned upon their payment and are nonrefundable,
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, if City Wide terminates the franchise agreement after evaluating a prospective franchisee's abilities, aptitudes, and financial qualifications within 15 days of receiving all required data, the franchisee will receive a refund of their initial fees. However, City Wide will deduct an evaluation fee from this refund.
The maximum evaluation fee that City Wide can charge in this scenario is $2,500. This fee is intended to cover City Wide's expenses incurred during the evaluation process.
This policy is important for potential City Wide franchisees to understand, as it clarifies the conditions under which they might receive a refund of their initial fees and the potential deductions that could be applied. Franchisees should carefully consider these terms before entering into a franchise agreement with City Wide.