Does Focus Cfo specify any circumstances where a partial refund of the Franchise Fee might be given?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
5.1. If this Agreement terminates because of an unsuccessful background check as determined by Focus CFO in its discretion as described in Section 1.7, above, Focus CFO will refund the Franchise Fee in full.
5.2. If Franchisee terminates this Agreement as set forth in Section 11.1, the Franchise Fee will not be refunded.
5.3. If Focus CFO terminates this Agreement for "Cause" as defined in Section 11.2, Focus CFO will not refund the Franchise Fee.
5.4. If Focus CFO terminates this Agreement for "Failure to Perform" as defined in Section 11.3, Focus CFO will not refund the Franchise Fee.
5.5. If Franchisee elects not to renew this Agreement, the Franchise Fee will not be refunded.
5.6. If the Franchise does not renew or extend due to Franchisee's failure to meet the conditions set forth in Section 2.3, the Franchise Fee will not be refunded.
5.7. Except as outlined in this Section, no other refunds of the Franchise Fee will be given. No refunds will be made until all items in this Agreement related to any termination or separation have been satisfied by Franchisee.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, under most circumstances, the Franchise Fee is non-refundable. However, there is one specific instance where a full refund of the Franchise Fee is provided.
Focus Cfo will refund the Franchise Fee in full if the Franchise Agreement is terminated due to an unsuccessful background check, as determined by Focus CFO, as described in Section 1.7 of the agreement. This background check is conducted on the franchisee and its Equity Owner as a condition of executing the Franchise Agreement.
The FDD specifies that the Franchise Fee will not be refunded if the franchisee terminates the agreement, if Focus CFO terminates the agreement for "Cause" or "Failure to Perform", or if the franchisee elects not to renew the agreement. Additionally, the Franchise Fee is not refunded if the franchise does not renew or extend due to the franchisee's failure to meet the conditions set forth in Section 2.3. The document explicitly states that except for the unsuccessful background check, no other refunds of the Franchise Fee will be given, and no refunds will be made until all termination-related items in the agreement have been satisfied by the franchisee.