What is the estimated range for professional fees for a Deer Solution franchise?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Method of Payment | When Due | To Whom Payment is Made | |
|---|---|---|---|---|
| Initial Franchise Fee | $49,500 | Lump sum | When Franchise | Us |
| (Note 1) | Agreement is signed | |||
| Construction and | $0 – $2,000 | As arranged | As incurred | Contractors, |
| Leasehold | approved suppliers, | |||
| Improvements (Note 2) | landlord | |||
| Lease Deposits – | $0 – $900 | As arranged | As incurred | Landlord |
| Three Months (Note 3) | ||||
| Furniture and | $0 – $2,000 | As arranged | As incurred | Approved suppliers |
| Fixtures (Note 4) | ||||
| Utility Deposit | $0 – $200 | As arranged | As incurred | Suppliers |
| Equipment (Note 5) | $600 – $1,300 | As arranged | As incurred | Us, affiliates, approved suppliers |
| Initial Inventory | $3,700 – $4,400 | As arranged | As incurred | Us, affiliates, |
| (Note 6) | approved suppliers | |||
| Signage (Note 7) | $900 – $2,800 | As arranged | As incurred | Us, affiliates, approved suppliers |
| Computer, Software, and Business Management System (Note 8) | $1,400 – $2,800 | As arranged | As incurred | Us, affiliates, approved suppliers |
| Service Vehicle | $9,500 – $13,600 | As arranged | As incurred | Vehicle dealer |
| (Note 9) | ||||
| Start-Up Marketing | $15,000 | As arranged | As incurred | Us, affiliates, |
| (Note 10) | approved suppliers | |||
| Insurance Deposits – | $400 – $1,300 | As arranged | As incurred | Insurers |
| Three Months | ||||
| (Note 11) | ||||
| Travel for Initial | $900 – $2,800 | As arranged | As incurred | Airlines, hotels, |
| Training (Note 12) | restaurants | |||
| Professional Fees (Note 13) | $3,000 – $7,000 | As arranged | As incurred | Attorneys, accountants, advisors |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–23)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the estimated cost for professional fees ranges from $3,000 to $7,000. These fees cover the costs associated with engaging professionals such as attorneys, accountants, and advisors during the start-up phase of your Deer Solution business.
The FDD recommends that prospective franchisees seek assistance from professional advisors when evaluating the franchise opportunity, the Disclosure Document, and the Franchise Agreement. It is also advisable to consult these professionals to review any lease and other contracts that you will enter into as part of developing and operating your Deer Solution business.
These professional fees are payable as arranged and incurred to attorneys, accountants, and advisors. It is important for potential franchisees to factor in these costs when planning their initial investment, as legal and financial advice can be crucial in making informed decisions and ensuring compliance with all relevant regulations and agreements.