factual

To whom is the initial technology package fee paid for a Cr3 American Exteriors franchise?

Cr3_American_Exteriors Franchise · 2025 FDD

Answer from 2025 FDD Document

NT

YOUR ESTIMATED INITIAL INVESTMENT

Type of Expenditure* Low** High Method of payment When Due To Whom Payment is to be Made
Initial Franchise Fee (Note 1) $40,000 $40,000 Check or EFT At signing of Franchise Agreement. Us
Initial Technology Package $1,000 $1,000 Check or Before Init

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–24)

What This Means (2025 FDD)

According to Cr3 American Exteriors' 2025 Franchise Disclosure Document, the initial technology package fee is paid to Cr3 American Exteriors itself. The fee, which ranges from $1,000 to $1,000, is due before the initial training. Payment can be made via check or EFT (electronic funds transfer).

This means that prospective Cr3 American Exteriors franchisees must budget $1,000 for the initial technology package and be prepared to pay this fee before they begin their initial training. This fee is in addition to other initial investments such as the initial franchise fee, real estate/security deposit, and leasehold improvements.

It is important to note that the FDD states initial fees paid to Cr3 American Exteriors are nonrefundable. Franchisees should confirm the exact details of the technology package and its requirements before paying this fee.

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.