What is the discounted Initial Franchise Fee for eligible veterans seeking a Management Recruiters franchise?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
ise Fee is fully recovered.
We offer a Veteran's discount to both honorably discharged veterans of the United States armed forces and to the spouses of active-duty United States military members. In these instances, the Initial Franchise Fee is discounted to $32,000. A copy of your DD214 or evidence of current active-duty status will be requir
Source: Item 5 — INITIAL FEES (FDD pages 15–16)
What This Means (2024 FDD)
According to Management Recruiters' 2024 Franchise Disclosure Document, Management Recruiters offers a discount on the initial franchise fee for honorably discharged veterans of the United States armed forces and to the spouses of active-duty United States military members. The standard initial franchise fee is $40,000. However, eligible veterans and their spouses receive a discounted initial franchise fee of $32,000.
To qualify for this discount, prospective Management Recruiters franchisees must provide a copy of their DD214 form (Certificate of Release or Discharge from Active Duty) or evidence of current active-duty status. This documentation is required to verify eligibility for the veteran's discount.
This discount can significantly lower the initial investment required to start a Management Recruiters franchise, making it a more accessible opportunity for veterans and military spouses. It is important to note that all initial franchise fees are fully earned by Management Recruiters upon signing the franchise agreement and are not refundable under any circumstances.