When is the Focus Cfo franchise renewal fee due?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Initial Term. At its option, Focus CFO may elect to extend the term of this Agreement rather than entering into a new franchise agreement;
- 2.3.5. Franchisee pays a renewal fee in the amount of Two Thousand Five Hundred Dollars ($2,500). Su
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, a franchisee must pay a renewal fee of $2,500. This fee is due at the time the franchisee executes the then-current Franchise Agreement for the renewal term. This agreement may contain terms that are materially different from the original agreement.
For a prospective Focus Cfo franchisee, this means that if they wish to renew their franchise after the initial term of ten years, they will need to budget for this $2,500 renewal fee. It is important to note that the renewal is contingent upon several factors, including executing the updated Franchise Agreement, satisfying performance standards, and not being in default of any agreements with Focus Cfo.
The timing of the fee payment is specifically tied to the execution of the renewal agreement, so franchisees should be prepared to pay the fee when they sign the new agreement to ensure a smooth renewal process. Failure to sign the new agreement prior to the termination of the current agreement will be deemed an election by the franchisee not to renew the franchise.