What agreement governs the sale of a Focus Cfo franchise?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
individual interested in becoming a franchisee who enters into the then-current Franchise Agreement with Focus CFO;
- 4.1. Upon execution of this Agreement, Franchisee shall pay Focus CFO a lump sum initial franchise fee (the "Franchise Fee"). The Franchise Fee consists of (i) a payment of Seventeen Thousand Dollars ($17,000) to obtain this Franchise; and (ii) a one-time initial training fee of Eighteen Thousand Dollars ($18,000). This Franchise Fee is payment for authorizing Franchisee to join the Focus CFO System and receive initial training through Playbook and other required training as set forth in Attachment C of this Agreement. In exchange for the Franchise Fee, Franchisee will receive ongoing direction and support from Focus CFO as set forth in this Agreement and be permitted to utilize the Focus CFO System and the Focus CFO Marks.
- 1.2.
Focus CFO requires that Franchisee enter this Agreement as a business entity such as a limited liability company or similar entity (collectively, the "Entity") and such entity shall have one equity owner who shall serve as an Area President.
- 1.7. As a condition to executing this Agreement, Focus CFO will conduct a background check on Franchisee and its Equity Owner. The background check generally takes seven (7) days to process, but it may take longer. Focus CFO will initiate the background check concurrent with providing Franchisee with a copy of the Franchise Disclosure Document. If Focus CFO receives an unsatisfactory background check after Franchisee executes this Agreement, the Agreement shall terminate immediately, and Franchisee's Franchise Fee will be fully refunded.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, the agreement that governs the sale of a Focus Cfo franchise is the Franchise Agreement. An individual interested in becoming a franchisee enters into the then-current Franchise Agreement with Focus CFO.
Upon execution of the Franchise Agreement, the franchisee must pay a lump sum initial franchise fee. The Franchise Fee consists of a $17,000 payment to obtain the franchise and an $18,000 one-time initial training fee. This fee authorizes the franchisee to join the Focus CFO System and receive initial training. In exchange for the Franchise Fee, the franchisee receives ongoing direction and support from Focus CFO and is permitted to utilize the Focus CFO System and the Focus CFO Marks.
The Franchisee must operate as a business entity, such as a limited liability company, with one equity owner serving as an Area President. As a condition of executing the Franchise Agreement, Focus CFO will conduct a background check on the Franchisee and its Equity Owner. If Focus CFO receives an unsatisfactory background check after Franchisee executes the Agreement, the Agreement shall terminate immediately, and Franchisee's Franchise Fee will be fully refunded.