When is the total Initial Franchise Fee for a Crown Gold Exchange franchise due?

According to the 2024 Crown Gold Exchange Franchise Disclosure Document, the total Initial Franchise Fee is due upon the execution of the Multi-Unit Development Agreement (MUDA). The FDD specifies that the franchisee must pay the total Initial Franchise Fee to Crown Gold Franchising at this time. It is important to note that this fee is non-refundable.

For a prospective Crown Gold Exchange franchisee, this means that the full initial franchise fee must be paid upfront when signing the MUDA, before any specific franchise location is secured or opened. This represents a significant initial investment and commitment to the Crown Gold Exchange franchise system.

It is also important to note that the actual dollar amount of the Initial Franchise Fee is not specified in the provided excerpts, but rather indicated by blanks in a table. Prospective franchisees should carefully review the complete FDD and discuss with Crown Gold Exchange the exact amount of the initial franchise fee and all other associated costs before signing any agreements.