factual

What is the Accounting System Set-up Fee for a Face Foundrie franchise?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (d) Accounting System Set-Up Fee.

Franchisee will pay Franchisor a one-time "Accounting System Set-up Fee," at its then-current rate, for the setup of an approved accounting system with an approved chart of accounts and products and services.

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2025 FDD)

According to the 2025 Face Foundrie Franchise Disclosure Document, a franchisee must pay a one-time "Accounting System Set-up Fee" to Face Foundrie for the setup of an approved accounting system. This system includes an approved chart of accounts, products, and services. The exact amount of this fee is not specified in this section; instead, the FDD states that the fee will be at Face Foundrie's "then-current rate."

This means the fee amount may vary over time. It is important for prospective franchisees to confirm the current rate of the Accounting System Set-up Fee directly with Face Foundrie during their due diligence. This fee is separate from other fees like the Initial Franchise Fee, Royalty Fees, Marketing Contributions, and Technology Fees, all of which are required to be paid to Face Foundrie or its affiliates via automated bank draft.

Understanding the cost of this fee is crucial for budgeting and financial planning. Franchisees should inquire about what the fee covers in detail, including the specific accounting software or system to be used, the training and support provided, and any ongoing costs associated with maintaining the system. This will help in assessing the overall financial commitment required to start and operate a Face Foundrie franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.