What is the franchise fee for the first Monicals Pizza restaurant to be developed under the Development Agreement?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
T FEE AND FRANCHISE FEES
3.1 Franchise Fees
Simultaneously, with the execution of this Development Agreement, Developer shall execute the Initial Franchise Agreement and shall pay a Franchise Fee of THIRTY THOUSAND DOLLARS ($30,000.00) for the first Monical's Restaurant to be developed pursuant to this Development Agreement. Developer shall execute Franchise Agreements for the additional Monical's Restaurants to be developed on a periodic basis, and shall pay a Franchise Fee of THIRTY THOUSAND DOLLARS ($30,000.00) for each additional Monical's Restaurant upon e
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, a franchisee entering into a Development Agreement must pay a franchise fee of $30,000 for the first Monicals Pizza restaurant. This fee is due when the franchisee executes the Initial Franchise Agreement.
For each additional Monicals Pizza restaurant developed under the Development Agreement, the franchisee must also execute a separate Franchise Agreement and pay another franchise fee of $30,000.
It is important to note that while a Development Fee is also required, a portion of it ($15,000) is credited towards the franchise fee for the second and subsequent restaurants. This credit continues until the entire Development Fee is exhausted. However, there is no credit applied to the initial franchise fee for the first Monicals Pizza restaurant.