Does Mr. Sandless offer any internal payment plans for the franchise fee?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
Initial Franchise Fee
You will pay us an Initial Franchise Fee when you sign the Franchise Agreement. The amount of the Initial Franchise Fee will depend on the number of territories you purchase and is calculated as $15,000 for the first territory of approximately 200,000 population and $5,000 for each additional territory of approximately 100,000 population. The minimum initial franchise fee is $15,000 for a single territory purchase of approximately 200,000 population. The maximum initial franchise fee is $30,000 for a 4-territory purchase of approximately 500,000 population.
The initial franchise fee is due in a lump sum at the time the Franchise Agreement is signed, is deemed fully earned upon p
Source: Item 10 — FINANCING (FDD page 19)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, the initial franchise fee is due in a lump sum when the Franchise Agreement is signed. The amount varies depending on the number of territories purchased. The fee is $15,000 for the first territory (approximately 200,000 population) and $5,000 for each additional territory (approximately 100,000 population). The minimum initial franchise fee is $15,000 for a single territory, and the maximum is $30,000 for a 4-territory purchase.
This initial franchise fee is deemed fully earned upon payment and is nonrefundable. The FDD does not mention any internal payment plans or financing options offered by Mr. Sandless for the initial franchise fee. This means that prospective franchisees must have the full amount of the initial franchise fee available at the time of signing the Franchise Agreement.
In addition to the initial franchise fee, franchisees must also purchase a Franchise Starter Kit for $10,000 before opening their Mr. Sandless business. This payment is also non-refundable. Since the FDD does not specify any payment plan options for the initial franchise fee, prospective franchisees should inquire directly with Mr. Sandless about potential financing options or alternative payment arrangements.
It is common for franchisors to either require a lump-sum payment or offer financing options for the initial franchise fee. The absence of internal financing from Mr. Sandless may require franchisees to seek external funding through loans or other financial resources.