Under what condition will Focus Cfo refund the Franchise Fee?
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 is $35,000, which includes a $17,000 franchise payment and an $18,000 training fee. This fee is generally non-refundable.
However, Focus Cfo specifies one condition under which the franchise fee will be refunded. If Focus Cfo terminates the Franchise Agreement because the franchisee has an unsatisfactory background check, the entire franchise fee will be refunded.
Outside of this specific circumstance related to the background check, the franchise fee is nonrefundable, which is a fairly standard practice in franchising. Prospective franchisees should be aware of this policy and conduct thorough due diligence before signing the Franchise Agreement and paying the fee.