What is the purpose of the Cordova Technology Fee?

According to Cordova's 2025 Franchise Disclosure Document, the Technology Fee is an administrative fee used to defray some of Cordova's costs related to the system website and intranet. This fee is not associated with any particular service. Currently, the Technology Fee is $350 per month, but Cordova reserves the right to increase it to a maximum of $750 per month.

This means that as a Cordova franchisee, you will be required to pay a monthly Technology Fee, which contributes to the maintenance of Cordova's online systems. While the fee is currently $350, it is important to note that this amount can increase over time, up to $750 per month, at Cordova's discretion. This potential increase should be factored into your financial planning.

Franchisees should be aware that the Technology Fee is an ongoing monthly expense that will be automatically debited from their bank account. It's crucial to understand that this fee is not tied to any specific service provided to the franchisee but rather supports the overall technology infrastructure of the Cordova franchise system. Prospective franchisees should inquire about the specific services and support covered by the technology fee to fully understand its value.