factual

To whom is the initial franchise fee paid when opening a Creative World School?

Creative_World_School Franchise · 2025 FDD

Answer from 2025 FDD Document

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 $80,000 Lump Sum Signing Franchise Agreement Us

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 initial franchise fee, which ranges from $75,000 to $80,000, is paid to 'Us,' meaning the franchisor, Creative World School. This payment is due when signing the Franchise Agreement and is typically a lump sum. Note (1) in Item 7 states that all fees payable to Creative World School or their affiliate are non-refundable, except for the deposit.

Creative World School may require a $5,000 deposit when a prospective franchisee applies. This deposit is credited towards the initial franchise fee upon signing the Franchise Agreement. However, the deposit becomes non-refundable once Creative World School and the franchisee approve a site for the school. If a Franchise Agreement is not signed within 180 days after signing the Site Assessment Deposit Agreement, Creative World School will refund the deposit, less the greater of $2,500 or their out-of-pocket expenses.

In addition to the initial franchise fee, franchisees will also make payments to Creative World School or their affiliate for the Opening Package Fee, which ranges from $275,000 to $500,000, and Systems Standards Fee, which ranges from $1,050 to $1,500 monthly. Franchisees also pay an Accreditation Fee of $2,000 to Creative World School or Suppliers. These fees cover various aspects of setting up and running the Creative World School franchise, including interior items, training, and ongoing system standards.

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.