What are the computer software fees for a Cornwell Quality Tools franchise?
Cornwell_Quality_Tools Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty | None | N/A | N/A |
| Advertising | None | N/A | Cornwell provides promotional material to franchisees at no cost |
| Cooperative Advertising | None | N/A | N/A |
| Additional Training | None | N/A | Cornwell provides opening training free - see Item 11 |
| Additional Assistance | None | N/A | Cornwell provides opening assistance free - see Item 11 |
| Transfer | None | N/A | N/A |
| Lease Payments | None | N/A | As a Cornwell franchisee’s vehicle is the place of business, fees for the leasing of space are not incurred |
| Computer Software Fees | $275 initial fee; $50 monthly fee | Start and monthly | Ironman Business Network, $100 to Cornwell for start-up costs and $175 for credit card servicing vendor software |
Source: Item 6 — OTHER FEES (FDD pages 22–23)
What This Means (2025 FDD)
According to Cornwell Quality Tools's 2025 Franchise Disclosure Document, franchisees must pay computer software fees. There is an initial fee of $275 and a monthly fee of $50.
The initial fee covers the Ironman Business Network, with $100 going to Cornwell Quality Tools for start-up costs and $175 for the credit card servicing vendor software. This indicates that Cornwell Quality Tools uses a specific software system for business operations and credit card processing, making it mandatory for franchisees to adopt this system.
These fees are important for prospective franchisees to consider as part of their ongoing operational costs. The monthly fee will impact the franchisee's profitability, and the initial fee represents an upfront investment in technology required to run the business. Understanding the purpose and functionality of the software is crucial for franchisees to assess the value they receive for these fees.