What happens if Focus Cfo is not satisfied with the results of a franchisee's background check?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
h any control over the Franchisee's day-to-day operations. This section applies to Franchisee and any Support Resource(s) of Franchisee.
- 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 prior to Franchisee executing this Agreement, Focus CFO's offer for Franchisee to execute this Agreement will be null and void. 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.
- 1.8. Termination of this Agreement shall constitute a termination of the Franchise.
2.
Source: Item 5 — Initial Fees (FDD pages 9–10)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, Focus CFO will conduct a background check on the franchisee and its equity owner as a condition of executing the Franchise Agreement. This background check generally takes seven days to process but may take longer. Focus CFO will initiate the background check when providing the Franchise Disclosure Document to the prospective franchisee.
If Focus CFO receives an unsatisfactory background check before the Franchise Agreement is executed, the offer to execute the agreement becomes null and void. If the unsatisfactory background check is received after the Franchise Agreement is executed, the agreement terminates immediately.
In the event of termination due to an unsatisfactory background check after the agreement is signed, Focus CFO will refund the franchisee's Franchise Fee in full. The Franchise Fee is Thirty-Five Thousand Dollars ($35,000).