Can the Focus Cfo franchise fee be financed or paid in installments?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made | |
|---|---|---|---|---|---|
| Initial Franchise Fee | $35,000 (Note 1) | Lump Sum | On signing the Franchise Agreement | Focus CFO | |
| Real Estate and | $0 - $4,000 | Per agreement | Per agreement | Landlord | |
| Improvements | (Note 2) | with landlord | with landlord | ||
| Office Equipment/General Business Expenses | $0-$15,000 (Note 3) | Partially lump sum with some ongoing expense | Prior to beginning operations, with some recurring | Third Party Vendors | |
| Additional Training | $0-$5,000 | Lump sum | Per agreement | Third Party | |
| (Note 4) | with Vendor | Vendors | |||
| Additional Funds – 3 | $1,000-$5,000 | As incurred | As incurred | Third Party | |
| Months | (Note 5) | Vendors | |||
| TOTAL | $36,000 to $64,000 | (Does not include real estate costs) | ## Notes: |
- (1) The Franchise Fee consists of: (i) a payment of $17,000 to obtain a franchise; and (ii) a one-time training fee of $18,000. We do not finance this fee and it cannot be paid in installments. The entire fee is due upfront. If we terminate the Franchise Agreement as a result of an unsatisfactory background check, we will refund the Franchise Fee in full. Except for this circums
Source: Item 7 — (FDD pages 13–14)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the initial franchise fee of $35,000 is not financed and cannot be paid in installments. The fee is due in a lump sum when signing the Franchise Agreement. This fee consists of a $17,000 payment to obtain the franchise and an $18,000 one-time training fee.
Focus Cfo requires the entire franchise fee to be paid upfront. However, there is a condition where the franchise fee may be refundable. If Focus Cfo terminates the Franchise Agreement due to an unsatisfactory background check, the franchise fee will be refunded in full. Otherwise, the franchise fee is nonrefundable.
This is a fairly standard practice in franchising, as the initial franchise fee is typically used to cover the franchisor's initial costs of setting up the franchisee, including training and support. Prospective franchisees should be prepared to have the full amount of the franchise fee available when they sign the agreement.