How must the initial franchise fee be paid to Engineering For Kids?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
AL FEES**
Initial Franchise Fee
When you sign your Franchise Agreement, you will pay us an initial franchise fee ("Initial Franchise Fee"). The Initial Franchise Fee is currently $30,000 unless you qualify for one of the 10% discounts described below. The Territory granted will be for approximately 100 schools with grades including some or all of kindergarten through eighth grade. If you desire to add additional schools to the Territory, you must pay us $225 for each school. The Initial Franchise Fee must be paid in one lump-sum amount, will be fully earned when paid, and is non-refundable.
Veteran's discount – As a way to assist honorably discharged veterans of the U.S. Armed Forces in becoming a franchised business owner, we will reduce the Initial Franchise Fee for a standard Territory by 10% for qualifying veterans who enter into a Franchise Agreement with us.
Existing Franchisee discount – We also want to encourage our existing franchisees in good standing to develop additional Franchised Business. To do so, our current policy is that we will reduce the Initial Franchise Fee by 10% for our franchisees who are in good standing, have been in operation for at least one year, and who enter into an additional Franchise Agreement with us. We may discontinu
Source: Item 5 — INITIAL FEES (FDD pages 9–10)
What This Means (2025 FDD)
According to the 2025 Engineering For Kids FDD, the initial franchise fee must be paid in one lump-sum when you sign the Franchise Agreement. The standard initial franchise fee is $30,000, but this may be reduced by 10% if you qualify for a discount. The FDD notes that discounts are available for honorably discharged veterans of the U.S. Armed Forces and existing franchisees in good standing who want to develop an additional Engineering For Kids franchise. To qualify for the existing franchisee discount, you must be in good standing, have been in operation for at least one year, and enter into an additional Franchise Agreement with Engineering For Kids. The franchisor may discontinue or alter this policy in the future.
The initial franchise fee grants a territory of approximately 100 schools with grades including some or all of kindergarten through eighth grade. If a franchisee wants to add additional schools to their territory, they must pay Engineering For Kids $225 for each additional school.
The initial franchise fee is fully earned when paid and is non-refundable. This means that once Engineering For Kids receives the $30,000 (or discounted amount), it is considered fully earned income for them, and you will not receive a refund, even if you later decide not to open the franchise.