What is the estimated annual cost to maintain, repair, and update the Gokhale Method computer system?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
d $4,200.
Neither we, nor our Affiliates, are required to provide ongoing maintenance, repairs, upgrades or updates to your Computer System. Currently we do not have any specific requirements relating to mandatory hardware repair plans or software support service plans relating to your Computer System, but there are multiple providers available that can provide these types of services to you, at your option. We estimate that the cost to maintain, repair and update the computer system is between $0 and $1,000 a year, depending upon whether your system breaks down or not. There is no contractual limitation on the frequency and cost of maintenance, repairs and upgr
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the estimated annual cost to maintain, repair, and update the computer system ranges from $0 to $1,000. This cost depends on whether the system breaks down or not.
The FDD specifies that Gokhale Method franchisees are responsible for obtaining their own computer equipment and software, including an Apple MacBook (or equivalent PC), an iPhone, iPad, or iPod Touch, a digital projector, and a projector screen. The initial cost for these items is estimated to be between $1,200 and $4,200.
The FDD also clarifies that neither Gokhale Method nor its affiliates are required to provide ongoing maintenance, repairs, upgrades, or updates to the franchisee's computer system. While there are no mandatory hardware repair plans or software support service plans required, multiple providers are available for these services at the franchisee's discretion. Franchisees are also responsible for upgrading or replacing their computer system whenever Gokhale Method requires it, and Gokhale Method has no obligation to assist in obtaining hardware, software, or related services.