Is the initial franchise fee for the Gokhale Method uniform for all franchisees?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
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The Initial Fee for a Gokhale Method Franchise is $4,000. It is payable upon signing the franchise agreement and is not refundable. Currently, the Initial Fee is uniform as to all franchisees.
Before you begin operations, in addition to the initial franchise fee, you must purchase furnishings and equipment from us (as well as third party vendors) and pay a continuing education fee to us. We estimate that payments to us for these goods and services including the initial $4,000 initial fee will range from $6,081 to $7,93
Source: Item 5 — INITIAL FEES (FDD pages 10–11)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the initial franchise fee is $4,000. This fee is payable upon signing the franchise agreement and is non-refundable. The document specifies that the initial fee is currently uniform for all franchisees.
In addition to the initial franchise fee, a prospective Gokhale Method franchisee must purchase furnishings and equipment from Gokhale Method Institute, Inc. and third-party vendors, and also pay a continuing education fee. The FDD estimates that the total payments to Gokhale Method, including the initial franchise fee, will range from $6,081 to $7,932 before operations begin.
It is important to note that while the initial franchise fee is currently uniform, franchise agreements can change over time. Prospective franchisees should confirm with Gokhale Method that the fee remains uniform at the time of signing their agreement.