factual

What is the initial technology package fee for a Cr3 American Exteriors franchise?

Cr3_American_Exteriors Franchise · 2025 FDD

Answer from 2025 FDD Document

Training.

Initial Technology Fee

You must pay us an initial technology setup fee of $1,000 (the "Initial Technology Package Fee"). This fee includes setup and a one-month license to use a designated third-party technology platform. This fee is due in full before you attend the Initial Training so that you may be trained on the technology platform.

Source: Item 5 — INITIAL FEES (FDD page 18)

What This Means (2025 FDD)

According to Cr3 American Exteriors's 2025 Franchise Disclosure Document, franchisees must pay an initial technology setup fee of $1,000. This is referred to as the "Initial Technology Package Fee." This fee covers the setup and a one-month license for using a designated third-party technology platform.

This fee is due in full before attending the Initial Training, which allows the franchisee to be trained on the technology platform. Unlike the initial franchise fee, the initial technology package fee is non-refundable once paid.

For a prospective Cr3 American Exteriors franchisee, this means budgeting an additional $1,000 on top of the initial franchise fee and other startup costs. It is important to note that this fee only covers the first month's license, and franchisees will likely incur ongoing costs to continue using the technology platform after the initial period.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.