Is the on-site evaluation fee for Engineering For Kids refundable?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
d the type of ownership interest you are buying.
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- On-Site Location Evaluation. As further described in Items 5 and 11, you must identify the physical site for your EFK Center Location. We will review your proposals for your EFK Center Location. We are not required to conduct an on-site evaluation of the proposed EFK Center Location, but we may do so if we deem it advisable. If we conduct an on-site evaluation, we have the right to charge you for that on-site evaluation, which amount will be our actual costs (but not less than $500). If applicable, this amount will be payable upon our invoice and will be non-refundable. See Item 11 under "Site Selecti
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to Engineering For Kids' 2025 Franchise Disclosure Document, the on-site location evaluation fee is generally non-refundable. Engineering For Kids may conduct an on-site evaluation of a potential EFK Center Location if they deem it necessary. If Engineering For Kids performs this evaluation, they have the right to charge the franchisee for the costs incurred, with a minimum charge of $500. This amount is payable upon invoicing and is specified as non-refundable.
This means that if a prospective Engineering For Kids franchisee requests or requires an on-site evaluation and Engineering For Kids decides to conduct one, the franchisee will be responsible for covering the costs, which will not be returned, regardless of whether the site is ultimately approved or if the franchisee decides not to proceed with that particular location. This fee covers Engineering For Kids' expenses for conducting the evaluation.
Prospective franchisees should factor this potential cost into their initial investment calculations. The estimated initial investment table in Item 7 of the FDD lists the on-site location review fee as ranging from $0 to $500, indicating that an evaluation is not always required or performed. Franchisees should clarify with Engineering For Kids the circumstances under which an on-site evaluation is deemed necessary and what specific costs it will cover to avoid unexpected expenses.