factual

What is the current monthly Technology Fee for a Craters & Freighters franchise?

Craters_Freighters Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee (1) Amount Due Date Remarks
Technology Fee Currently $500 per month. We reserve the right to increase this amount upon 30 days written notice to you. However, this amount will not exceed $750 per month. Same as Royalty Fee. This fee relates to software subscription(s) (including the subscription for the Proprietary Software), up to seven (7) email accounts established for the Franchised Business, Geosite domain registration, other technology enhancements, and maintenance and support of the same provided by us or our designee(s). In the event you ask us to establish more than seven (7) email accounts for your Franchised Business, your Technology Fee will increase based on our current rate for establishing an email account, which is currently $15 per month per email account.

Source: Item 6 — OTHER FEES (FDD pages 12–16)

What This Means (2025 FDD)

According to the 2025 Craters & Freighters Franchise Disclosure Document, franchisees must pay a Technology Fee. The current Technology Fee is $500 per month, due at the same time as the Royalty Fee.

This fee covers software subscriptions, including the Proprietary Software, up to seven email accounts for the franchise, Geosite domain registration, other technology enhancements, maintenance, and support. If a franchisee needs more than seven email accounts, the Technology Fee will increase by Craters & Freighters' current rate of $15 per month per additional email account.

Craters & Freighters retains the right to increase the Technology Fee with 30 days' written notice, but the fee will not exceed $750 per month. This means that while the fee is currently set at $500, it could increase over time, but franchisees will receive advance notice and the increase is capped. This type of technology fee is common in franchising to cover the costs of providing and maintaining necessary technology infrastructure.

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.