Q: What is the total initial investment for a Spring-Green franchise?
A: Depending on the Spring-Green model that is best for you, the range for your business as seen in Item 7 of the Franchise Disclosure Document reads:
Single unit: $99,314-$110,714
Executive model: $186,000-$212,150
Q: What is a franchise fee?
A: The franchise fee is the cost of putting a Franchisee into the Spring-Green business. Costs are incurred through system development, marketing and advertising to attract candidates, salaries, travel, administration, legal expenses and training.
Q: What is Spring-Green’s royalty?
A: The royalty fee is Spring-Green Corporation’s share of Gross Sales. It is collected by the franchisee and remitted on a monthly basis. It is not a payment but a remittance. You remit the portion of the customer fee because you have ongoing use of the Spring-Green brand name, operating system and support system.
Q: What is Spring-Green’s royalty fee?
A: The Spring-Green royalty fee begins each year at 10% up to and including $250,000. As you proceed through the year, the royalty fee declines to 9% once you exceed $250,000 and up to $500,000. Moving beyond the $500,000 gross sale mark, royalty drops to 8%.
Q: What is the length of my Spring-Green agreement?
A: Spring-Green awards franchise opportunities for a term of ten years. Upon expiration of this term, Spring-Green will renew your franchise if your business is following the brand standards. It is not uncommon to talk with Spring-Green owners who have exercised the option on 2nd and even third terms.
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