What is the cumulative initial franchise fee for purchasing 4 territories from Deck Medic?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
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| Total Territories Purchased | Cumulative Fee | Average Initial Franchise Fee per |
|---|---|---|
| Territory | ||
| 1 | $30,000 | $30,000 |
| 2 | $50,000 | $25,000 |
| 3 | $65,000 | $21,666.67 |
| 4 | $75,000 | $18,750 |
| 5 | $85,000 | $17,000 |
| 6 |
Source: Item 5 — INITIAL FEES (FDD pages 10–11)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the cumulative initial franchise fee for purchasing four territories is $75,000. This represents a discount compared to purchasing each territory individually.
The initial franchise fee for a single territory is $30,000. However, Deck Medic offers discounts for franchisees who purchase multiple territories. The average initial franchise fee per territory decreases as the number of territories purchased increases. For example, if a franchisee purchases two territories, the cumulative fee is $50,000, resulting in an average fee of $25,000 per territory.
This multi-territory discount can significantly reduce the upfront investment for franchisees looking to expand their operations quickly. It is important to note that the availability of additional territories is subject to market conditions and Deck Medic's discretion. Prospective franchisees should inquire about the availability of territories in their desired areas and discuss the terms of multi-territory purchases with Deck Medic.