What is the monthly cost for accounting services for a City Wide franchise?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure1 | Amount | payment | When Due | is to be Made |
|---|---|---|---|---|
| Accounting Services13 | $1,500 | Monthly | Upon Opening | CITY WIDE |
- (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).
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–24)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, franchisees can expect to pay $1,500 monthly for accounting services. This fee is paid to City Wide and is due upon opening the franchise.
City Wide provides various financial accounting, processing, and reporting services as part of this accounting services package. This service is required for the first 12 months of operation, meaning franchisees must utilize City Wide's accounting services during this initial period.
After the first year, franchisees may have the option to choose their own accounting service provider. However, during the first year, this $1,500 monthly fee should be factored into the franchisee's operating expenses. It's important for prospective franchisees to understand what specific accounting services are included in this fee and whether it aligns with their business needs.