What is the Development Fee for a Kitchen Solvers Development Agreement that obligates the franchisee to open three Franchised Businesses?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
procedures, and you may be required to enter into our then-current form of Multi-Project Customer Participation Agreement. We retain the right to set and modify the parameters for any Multi-Project Customer program, including the right to terminate your participation in the program, at any time.
2. DEVELOPMENT FEE.
2.1 Development Fee. You shall pay to us a "Development Fee" in the amount designated in Exhibit A immediately upon execution of this Agreement. The Development Fee is p
Source: Item 5 — Initial Fees (FDD pages 11–13)
What This Means (2025 FDD)
Based on the 2025 Kitchen Solvers Franchise Disclosure Document, the Development Fee for a Development Agreement is determined by Exhibit A of the agreement. The Development Fee is paid in exchange for the rights granted to the franchisee under the Development Agreement. Once the agreement is executed, Kitchen Solvers considers the Development Fee fully earned and it is nonrefundable, even if the franchisee fails to develop all of the agreed-upon businesses.
To operate multiple Kitchen Solvers businesses, a franchisee must enter into the Development Agreement and pay a one-time Development Fee. This fee is calculated based on the number of Franchised Businesses the franchisee is permitted to develop under the Development Agreement.
Because the specific Development Fee amount is found in Exhibit A, which is not included in the provided documentation, a prospective franchisee should review Exhibit A of the Development Agreement in the FDD or ask the franchisor directly about the Development Fee for an agreement requiring the opening of three Kitchen Solvers Franchised Businesses.