factual

What two components make up the initial franchise fee for Focus Cfo?

Focus_Cfo Franchise · 2025 FDD

Answer from 2025 FDD Document

s Item.

ITEM 5

INITIAL FEES

You will be required to pay us a lump sum initial franchise fee in the amount of Thirty-Five Thousand Dollars ($35,000) (the "Franchise Fee"). The Franchise Fee consists of (i) a payment of $17,000 to obtain this Franchise; and (ii) a one-time training fee of $18,000. This Franchise Fee will not be financed by us. You will not be permitted to engage with Focus CFO, use the Focus CFO Marks or perform services for Focus CFO clients until the full Franchise Fee is received by Focus CFO. There have been limited circumstances in the past in which Focus CFO agreed to decrease the Franchise Fee for new Franchisees who enter the System during a period in which Focus CFO focused on significant expansion of its geographic footprint. Although Focus CFO intends to apply the Franchise Fee uniformly, there may be situations where Focus CFO may offer similar discounts.

We will conduct a background check on you, and if we are not satisfied with the results of the background check, we will terminate the Franchise Agreement. If we terminate the Franchise Agreement as a result of an unsatisfactory background check, we will refund your Franchise Fee in full.

Should you terminate the Franchise Agreement, we will not refund your Franchise Fee.

If we terminate the Franchise Agreement for "cause" as defined in the Franchise Agreement, we will not refund your Franchise Fee.

You are required to both devote sufficient time and effort to the franchised business and maintain certain performance standards as set forth in the Franchise Agreement at Attachment E or as otherwise provided to you in writing by Focus CFO. If you fail to meet these standards or fail to devote sufficient time and energy to your business, you will be in default of your Franchise Agreement and Focus CFO will have the right to terminate the Franchise Agreement if you are unable to cure the default within the specified cure period. Should this occur, we are not

Source: Item 5 — Initial Fees (FDD pages 9–10)

What This Means (2025 FDD)

According to Focus Cfo's 2025 Franchise Disclosure Document, the initial franchise fee is $35,000. This fee is comprised of two parts: a $17,000 payment to obtain the franchise and an $18,000 one-time training fee. The document specifies that Focus Cfo will not finance this fee, and franchisees cannot begin operations, use Focus Cfo's marks, or serve clients until the full fee is paid.

Focus Cfo may, in limited circumstances, decrease the franchise fee for new franchisees during periods of significant geographic expansion. While Focus Cfo intends to apply the fee uniformly, similar discounts may be offered in certain situations. However, Focus Cfo retains the right to terminate the Franchise Agreement if a background check is unsatisfactory, in which case the Franchise Fee will be refunded in full.

It is important to note that the Franchise Fee is generally non-refundable if the franchisee terminates the agreement or if Focus Cfo terminates the agreement for cause. Additionally, franchisees must devote sufficient time and effort to the business and meet certain performance standards. Failure to do so may result in default and potential termination of the Franchise Agreement, without a refund of the Franchise Fee. Prospective franchisees should carefully consider these conditions and obligations before investing in a Focus Cfo franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.