What is the minimum reimbursement amount for an on-site evaluation conducted by Engineering For Kids?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
s for an EFK Center Location.
- 2.2 We will give you the degree of site selection counseling and assistance that we think is necessary.
- 2.3 You must notify us of the proposed site and submit a site review report, including photographs, demographic information, and other information that we may require. We will have thirty (30) days after receipt of all required information and materials from you to approve or disapprove the proposed site as the location for your EFK Center Location. We may, but are not obligated to, conduct on site evaluation of any proposed sites, and we will not perform any on-site review until we receive a completed site approval form for such site. If we conduct any on site evaluation(s), you must reimburse us for our reasonable cost
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Engineering For Kids FDD, if Engineering For Kids conducts an on-site evaluation of a proposed site for an EFK Center Location, the franchisee must reimburse Engineering For Kids for reasonable costs. These costs include travel, lodging, wages, and meals. The minimum reimbursement amount the franchisee must pay is $500.
This means that even if the actual costs incurred by Engineering For Kids are less than $500, the franchisee is still obligated to pay at least that amount. This minimum reimbursement likely covers Engineering For Kids's base expenses for conducting the evaluation, regardless of the specific circumstances.
Prospective Engineering For Kids franchisees should factor this cost into their initial investment calculations when considering potential locations. It's important to note that the $500 is a minimum, and the actual reimbursement could be higher depending on the distance, duration, and personnel involved in the on-site evaluation.