What is the range for the initial territory fee for a City Wide franchise?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
TIMATED INITIAL INVESTMENT**
YOUR ESTIMATED INITIAL INVESTMENT FRANCHISE AGREEMENT
| Type of Expenditure1 | Amount | payment | When Due | is to be Made |
|---|---|---|---|---|
| Initial Franchise Fee2 | $70, |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–24)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the initial territory fee ranges from $15,000 to $50,000. This fee is paid in a lump sum at the signing of the Franchise Agreement and is payable to City Wide. The FDD states that this fee is considered fully earned and non-refundable upon execution of the Franchise Agreement.
This initial territory fee grants the franchisee the right to operate a City Wide franchise within a specific geographic area. The size and potential of this territory will likely influence the exact fee charged, with larger or more promising territories costing more. It is important for prospective franchisees to fully understand the territory they are purchasing and its potential for growth.
As the initial territory fee is non-refundable, franchisees should conduct thorough due diligence before signing the Franchise Agreement. This includes carefully evaluating the market potential of the territory, understanding the competitive landscape, and ensuring that they have the necessary resources to successfully launch and operate their City Wide franchise. Franchisees should also consult with legal and financial advisors to fully understand the terms and conditions of the Franchise Agreement before committing to the investment.