factual

What is the monthly technology fee that Kitchen Solvers franchisees must pay?

Kitchen_Solvers Franchise · 2025 FDD

Answer from 2025 FDD Document

o provide the items specified in the contract as the supplies package. The revenue from the fee for the supplies package is recognized when the supplies package has been provided to the franchisee.

Technology Fee – The Company provides continuous access to their CRM advertising, email, and reporting systems fo

Source: Item 21 — Financial Statements (FDD pages 48–49)

What This Means (2025 FDD)

According to Kitchen Solvers' 2025 Franchise Disclosure Document, franchisees are required to pay a monthly technology fee of $264. This fee grants franchisees continuous access to Kitchen Solvers' CRM, advertising, email, and reporting systems.

For a prospective Kitchen Solvers franchisee, this means they must budget $264 each month for technology services provided by the company. This fee is in addition to other fees such as the initial franchise fee, supplies package costs, royalty fees, and brand fund fees. The technology fee is a fixed monthly cost, unlike the business development and royalty fees, which are variable and based on a percentage of the franchisee's gross monthly sales.

Kitchen Solvers recognizes the revenue from this technology fee monthly as the services are provided. This indicates that the franchisee receives ongoing support and access to these systems throughout the term of their franchise agreement. The FDD also provides a table showing the total technology fees Kitchen Solvers collected from all franchisees, which amounted to $144,481 in 2024, $122,292 in 2023, and $105,750 in 2022.

The technology fee contributes to the overall revenue recognized from contracts with customers, which totaled $1,513,674 in 2024. Understanding this fee and the services it covers is crucial for a potential franchisee to assess the value and cost-effectiveness of the Kitchen Solvers franchise opportunity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.