When is the Initial Training Fee of $16,950 due for a Focalpoint Coaching franchise, and to whom is it paid?
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 is $16,950. This fee is payable in a lump sum. The payment is due upon signing the Franchise Agreement. The payment is to be made to Focalpoint Coaching itself, referred to as "Us" in the document.
This means that a prospective Focalpoint Coaching franchisee must have $16,950 available at the time of signing the franchise agreement to cover the initial training fee. This is a standard practice in franchising, where initial fees are typically required upfront to cover the costs associated with onboarding and training new franchisees.
It is important for potential franchisees to factor this cost into their initial investment calculations and ensure they have sufficient capital available. Understanding when fees are due is crucial for managing cash flow during the initial stages of setting up the Focalpoint Coaching franchise. Franchisees should also note that this fee, like most other fees listed, is generally nonrefundable as indicated in the explanatory notes of the FDD.