factual

When are impact fees and utility connection fees due 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
Initial Franchise Fee (1)(2) $75,000

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, impact fees and utility connection fees are due prior to construction. These fees, which range from $100,000 to $500,000, are paid in a lump sum to the city or county. This substantial upfront cost should be carefully considered by prospective franchisees as part of their initial investment. These fees are paid to the city or county.

Impact and utility connection fees are a common expense in many franchise systems that involve real estate and construction. These fees compensate local governments for the increased burden on public infrastructure (roads, utilities, schools, etc.) that a new development creates. The wide range in the estimated cost reflects differences in local regulations and the size/scope of the Creative World School facility being built.

It is important for potential Creative World School franchisees to budget appropriately for these fees and to investigate the specific requirements and costs in their chosen location. They should also confirm with the city or county the exact amount and payment schedule for these fees to avoid any delays in the construction process. Understanding these costs upfront is crucial for accurate financial planning and ensuring a smooth launch for the 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.