When is the payment due for training expenses for a Gold Star franchise?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
YOUR ESTIMATED INITIAL INVESTMENT 1
| Type of Expenditure | Amount for Free Standing Building | Amount for Inline Space | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|---|
| Initial Franchise Fee2 | $10,000 to $50,000 | $10,000 to $50,000 | Cashier’s Check | At sig |
Source: Item 7 — Estimated Initial Investment (FDD pages 18–21)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the payment for training expenses, which range from $5,500 to $10,000 for both free-standing and inline locations, is due before opening. These costs cover expenses for employees and miscellaneous vendors. However, Gold Star does not charge a training fee for the franchisee and one designated attendee for the initial training program.
While Gold Star does not charge a training fee for the franchisee and one attendee, franchisees are responsible for all wage and compensation obligations for each employee-attendee. Additionally, franchisees must cover each attendee's travel, lodging, meals, and other related expenses incurred while attending the training program. These costs are separate from the $5,500 to $10,000 listed in the table.
Prospective franchisees should factor in these additional costs when budgeting for the initial investment. It is important to note that these expenses are estimates, and the actual costs may vary. Franchisees should also confirm with Gold Star or current franchisees to get a more accurate understanding of potential training-related expenses.