factual

What is the amount of the initial franchise fee for a Red Wagon Club franchise?

Red_Wagon_Club Franchise · 2024 FDD

Answer from 2024 FDD Document

pan>Initial Franchise Fee

You will pay us a non-recurring initial franchise fee of $50,000 (the "Initial Franchise Fee"). The Initial Franchise Fee is due and fully earned by us when you sign the Franchise Agreement, is payable in a lump sum, and is not refund

Source: Item 5 — INITIAL FEES (FDD page 12)

What This Means (2024 FDD)

According to Red Wagon Club's 2024 Franchise Disclosure Document, the initial franchise fee is $50,000. This fee is non-recurring, meaning it is a one-time payment.

The initial franchise fee is due when the Franchise Agreement is signed. It is considered fully earned by Red Wagon Club at that time.

Importantly, the initial franchise fee is non-refundable under any circumstances. A prospective Red Wagon Club franchisee should be aware of this non-refundable policy and carefully consider their decision before signing the Franchise Agreement.

Disclaimer: This information is extracted from the 2024 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.