What is the purpose of the non-refundable regional setup fee for a Focalpoint Coaching unit franchise?
Focalpoint_Coaching Franchise · 2025 FDDAnswer 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 the 2025 Focalpoint Coaching FDD, the non-refundable regional setup fee for a Unit Franchise is used to support the franchisor's initial setup procedures. This fee is specifically related to the territory of the franchised business.
The FDD indicates that this regional setup fee is a one-time charge. It is due upon the execution of the franchise agreement.
Since the fee is non-refundable, a prospective Focalpoint Coaching franchisee should fully understand what the 'initial setup procedures' entail and how they benefit the franchisee before signing the agreement. It would be prudent to ask Focalpoint Coaching for a detailed breakdown of how this fee is utilized and what specific services or support it covers.