factual

What does the National Technology Development Fee for a City Wide franchise cover?

City_Wide Franchise · 2025 FDD

Answer from 2025 FDD Document

(12) months after Franchisee has completed the Franchisor's initial training program under the terms and conditions as set forth in the Business Development Services Agreement attached hereto and incorporated herein by this reference as Attachment K

Source: Item 22 — CONTRACTS (FDD page 65)

What This Means (2025 FDD)

According to City Wide's 2025 Franchise Disclosure Document, franchisees must pay a National Technology Development Fee of $1,864 per month. This fee covers the costs associated with the franchisee's participation in City Wide's design, development, testing, and deployment of technology capabilities used in the operation of the franchised business.

In essence, this fee contributes to the ongoing development and improvement of the technology systems that City Wide franchisees use in their daily operations. This includes software, platforms, and other technological tools that support various aspects of the business, such as customer management, service delivery, and internal communications. By pooling resources through this fee, City Wide aims to provide franchisees with access to updated and efficient technology.

It is important for prospective franchisees to understand that this is a recurring monthly fee, and it is separate from other technology-related fees, such as the Technology Provisioning Fee of $12,500, which covers the initial setup of City Wide's enterprise software. Franchisees are also required to use City Wide's Information Technology Services for the first 36 months, which incurs a separate monthly fee. Therefore, franchisees should factor in all these technology-related costs when evaluating the overall financial investment required to operate a City Wide franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.