What is the current monthly Technology Fee for a Cr3 American Exteriors franchise?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
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4.2. Royalty Fee
You will pay to us a monthly fee equal to the greater of 6.0% of the monthly Gross Revenues (the "Royalty Fee") or $2,000.00 per month (the "Minimum Monthly Royalty"). The Royalty 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 franchisees must pay a monthly technology fee. The current Technology Fee is $1,000 per month. This fee provides the franchisee with a license to use a third-party technology platform. This platform is designed to help businesses streamline operations, enhance customer experiences, and boost their digital presence.
Cr3 American Exteriors retains the right to change the underlying technology services and adjust the price of the Technology Fee. These adjustments can be based on third-party vendor price increases, changes in vendors, or changes in technology. The FDD specifies that the maximum monthly Technology Fee will be the actual third-party vendor costs incurred plus a 10% administrative fee.
Prospective franchisees should consider that this fee is subject to change based on factors outside of Cr3 American Exteriors' direct control. It is important to stay informed about potential changes to the technology platform and associated costs, as these could impact the overall profitability of the franchise.