factual

When is the one-time regional setup fee due for a Focalpoint Coaching unit franchise?

Focalpoint_Coaching Franchise · 2025 FDD

Answer from 2025 FDD Document

Unit Franchise – Non-refundable regional setup fee used to support Franchisor's initial setup procedures based on territory specific to the Franchisor's franchised business. This is a one-time fee upon execution of the franchise agreement.

Source: Item 21 — Financial Statements (FDD page 56)

What This Means (2025 FDD)

According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the one-time regional setup fee for a unit franchise is due upon execution of the franchise agreement. This fee is non-refundable and is used to support Focalpoint Coaching's initial setup procedures specific to the franchisee's territory.

This means that a prospective Focalpoint Coaching franchisee must be prepared to pay this fee at the time they sign the franchise agreement. It is important to note that this fee is non-refundable, so the franchisee will not get this money back even if they later decide not to proceed with the franchise. The fee is intended to cover Focalpoint Coaching's costs associated with setting up the franchisee's business in their specific region.

Franchisees should carefully consider the amount of the regional setup fee and ensure they have sufficient funds available before signing the franchise agreement. They should also inquire about exactly what services and support are covered by this fee to ensure they understand the value they are receiving. Understanding the specifics of what the fee covers can help a franchisee assess whether the fee is reasonable and justified.

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.