factual

What is the estimated range for insurance costs for a Creative World School?

Creative_World_School Franchise · 2025 FDD

Answer from 2025 FDD Document

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ITEM 7 ESTIMATED INITIAL INVESTMENT

Your Estimated Initial Investment

Type of Expenditure (1) Low Amount High Amount Method Of Payment When Due To Whom Payment is to be Made

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 18–21)

What This Means (2025 FDD)

According to Creative World School's 2025 Franchise Disclosure Document, the estimated initial investment for insurance ranges from $9,000 to $40,000. This cost is paid as a lump sum to third-party insurance providers and is due as incurred. Creative World School requires franchisees to obtain insurance that meets the minimum requirements established by their System Standards.

This insurance cost is part of the overall estimated initial investment, which ranges from $5,767,050 to $10,143,500. The wide range in the insurance estimate likely reflects differences in coverage levels, policy terms, and the specific location of the school, as insurance rates can vary significantly by region and perceived risk.

Prospective franchisees should carefully consider these insurance costs when planning their initial investment. It is crucial to obtain quotes from multiple insurance providers to ensure competitive rates and adequate coverage. Franchisees should also consult with Creative World School to understand the specific insurance requirements and ensure compliance with the System Standards. Understanding these costs upfront will help in accurate financial planning and budgeting for the new Creative World School franchise.

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.