What is the amount of the initial technology fee for a Cr3 American Exteriors franchise?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
ty Fee will begin your first month in operation; however, the Minimum Monthly Royalty will not start until the seventh (7th) month after you begin operations.
"Gross Revenues" shall mean all revenues that you derive or receive, directly or indirectly, from the operation of the Franchised Business excluding only sales and use taxes.
4.3. Technology Fee:
You will pay us an initial technology fee of $1,000 prior to attending Initial Training, which will provide you with a one-month license to use our designated technology platform. This technology must be setup before training because it is utilized during our Initial Training program. After Initial Training, you will pay us our then-current monthly technology fee ("Technology Fee"), The current Technology Fee is $1,000 per month and includes a license to utilize a third-party technology platform designed to help businesses streamline their operations, enhance customer exper
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to the 2025 FDD, Cr3 American Exteriors charges an initial technology fee of $1,000. This fee is required before attending initial training and provides a one-month license to use their designated technology platform.
The technology platform must be set up before training, as it is utilized during the initial training program. After the initial training, franchisees are required to pay the then-current monthly technology fee, which is currently also $1,000 per month. This monthly fee includes a license to use a third-party technology platform designed to help businesses streamline operations, enhance customer experiences, and boost their digital presence.
Cr3 American Exteriors reserves the right to change the underlying technology services and adjust the price of the monthly Technology Fee based on third-party vendor price increases, changes in vendors, or changes in technology. The maximum monthly Technology Fee will be the actual third-party vendor costs incurred plus a 10% administrative fee. This means that while the fee is currently $1,000 per month, it could fluctuate based on the costs Cr3 American Exteriors incurs from its technology vendors.