When is the Focalpoint Coaching Initial Training Fee of $16,950 due?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
ENT**
YOUR ESTIMATED INITIAL INVESTMENT
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee (1) | $0 – $45,000 | Lump Sum | Upon |
Source: Item 7 — Estimated Initial Investment (FDD pages 20–23)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the initial training fee of $16,950 is due upon signing the Franchise Agreement. This fee is paid as a lump sum to Focalpoint Coaching. This is a standard practice in franchising, where initial fees are typically required to be paid upfront to cover the costs associated with setting up the franchisee and providing initial training.
Prospective Focalpoint Coaching franchisees should be aware of this upfront cost and factor it into their initial investment calculations. It is important to have the funds readily available when signing the agreement to avoid any delays in starting the franchise operation. The FDD also mentions that except for the initial franchise fee, all amounts listed in the table are nonrefundable, so franchisees should carefully consider their decision before signing the agreement.
Understanding when fees are due is crucial for financial planning. The initial training fee is just one component of the total estimated initial investment, which ranges from $35,450 to $136,600. This total includes various other expenses such as the initial franchise fee, regional setup fee, CRM setup fee, real estate/rent, computer system and telephone costs, initial marketing fee, technology fee, conference registration fee, professional fees, furniture, equipment and signs, business licenses and permits, opening inventory and supplies, training expenses, insurance, and additional funds for the first three months of operation.