What is the estimated range for the Securities Offering Review Fee for an Epcon Communities franchise?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Homeowner Survey Fees | Currently there is a one-time fee of $200 and a per survey fee of $49. The provider of the surveys may change the amount of these fees from time to time. | Immediately upon billing from third-party provider. | Amounts are payable to survey provider. See Note 6. |
| Securities Offering Review Fee | Amount varies. We estimate this fee will range from $0 to $1,000. | Immediately upon billing. | If you desire to make a public securities offering of your stock, you must pay us an amount equal to our expenses to review and comment on the proposed offering documents. |
Source: Item 6 — OTHER FEES (FDD pages 16–22)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, the Securities Offering Review Fee can range from $0 to $1,000. This fee is incurred if a franchisee desires to make a public securities offering of their stock. Epcon Communities charges this fee to cover their expenses for reviewing and commenting on the proposed offering documents.
This fee is not charged unless the franchisee chooses to make a public securities offering. The actual amount will depend on the complexity and extent of the review required by Epcon Communities. The fee is due immediately upon billing.
For a prospective Epcon Communities franchisee, it's important to understand that this fee is contingent on a specific action (making a public securities offering) and is intended to cover Epcon Communities' costs for reviewing related documents. Franchisees should factor this potential expense into their financial planning if they anticipate making such an offering.