What does the City Wide Technology Provisioning Fee of $12,500 cover?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
d or cashier's check, or by other payment methods as designated at CITY WIDE's sole and absolute right, the receipt of which CITY WIDE acknowledges by signing this Agreement. CITY WIDE will credit Franchisee with any deposit Franchisee paid within thirty (30) days immediately before the date of this Agreement Fran
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the Technology Provisioning Fee of $12,500 covers the setup of the City Wide enterprise software. However, this fee does not include the cost to procure hardware, which the franchisee must purchase from City Wide. Additionally, the franchisee is responsible for the required monthly licensing fees as incurred.
This means that while the initial fee covers the software setup, franchisees should anticipate additional costs for hardware and ongoing monthly licensing fees to fully utilize the City Wide technology system. It is important for prospective franchisees to factor these additional expenses into their initial investment and operating budget.
Prospective franchisees should clarify with City Wide the specific hardware requirements and the estimated monthly licensing fees to gain a comprehensive understanding of the total technology-related costs. Understanding these costs upfront will help in accurate financial planning and ensure a smooth transition into operating the franchise.