When is the Securities Offering Review Fee due for an Epcon Communities franchise?

According to Epcon Communities' 2025 Franchise Disclosure Document, the Securities Offering Review Fee is due immediately upon billing. This fee is incurred if a franchisee desires to make a public securities offering of their stock. Epcon Communities charges this fee to cover the expenses they incur to review and comment on the proposed offering documents. The FDD estimates that this fee will range from $0 to $1,000, but the actual amount may vary depending on the complexity and extent of the review required.

For a prospective Epcon Communities franchisee, this means that if they plan to publicly offer stock in their franchise business, they should be prepared to pay this fee promptly upon receiving a bill from Epcon Communities. It is important to note that this fee is separate from other fees associated with operating the franchise and is only applicable in the specific scenario of a public securities offering. The fee covers Epcon Communities' costs to ensure compliance and protect their brand and system.

Franchisees should factor this potential cost into their financial planning if they anticipate seeking public investment. It is advisable to discuss the specifics of this fee with Epcon Communities during the due diligence process to understand the potential circumstances that could trigger it and to get a clearer estimate based on the franchisee's specific plans for their business. Understanding the conditions under which this fee applies can help franchisees avoid unexpected expenses and maintain a transparent financial relationship with Epcon Communities.