When is the initial franchise fee due for a Deer Solution franchise?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
pan>A. Single Territory
| 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 a |
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 initial franchise fee for a single territory, which is $49,500, is due when the Franchise Agreement is signed. For franchisees purchasing multiple territories through a Multi-Franchise Addendum, the initial franchise fee, ranging from $64,500 to $214,500, is also due when the Franchise Agreement is signed.
This means that a prospective Deer Solution franchisee must have the full initial franchise fee amount available at the time of signing the agreement. This is a standard practice in franchising, as the fee compensates the franchisor for granting the franchise rights and providing initial support and training.
It is important to note that Deer Solution does not offer financing for any part of the initial investment, and all fees are non-refundable. Therefore, potential franchisees should carefully consider their financial situation and ensure they have sufficient capital before entering into a franchise agreement with Deer Solution.