What is the current monthly Technology fee for a Cordova franchise?
Cordova Franchise · 2025 FDDAnswer from 2025 FDD Document
local marketing requirement.
Note 7: Technology Fee – The continuing monthly technology fee is an administrative fee and is not associated with any particular service but is used, at our discretion, to defray some of our costs related to system website and intranet (the "Technology Fee"). Currently the Technology Fee is $350 per month but we reserve the right to increase the Technology Fee at any time in the future provided that the monthly Technology Fee sha
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Cordova's 2025 Franchise Disclosure Document, franchisees must pay a monthly technology fee. This fee is currently $350 per month. However, Cordova retains the right to increase this fee in the future. The FDD stipulates that the monthly technology fee will not exceed $750 per month.
The technology fee is described as an administrative fee that is not tied to any specific service. Cordova states that it will use the fees collected to offset costs related to the system website and intranet.
This means that as a prospective Cordova franchisee, you should budget $350 per month for this fee, with the understanding that it could increase up to $750 per month during the term of your franchise agreement. This fee will be automatically debited from your bank account.