5 Costs & Criteria
Costs & Criteria
The following costs are excerpted from the Wee Watch® Franchise Disclosure Document and are estimated. The initial franchise fee is $20,000.
*For complete investment information and a franchise packet, please request more information.
|ITEM||ESTIMATED AMOUNT||PAID TO||DUE DATE||REFUNDABLE|
|Lease Costs||$0 – $10,000||Landlord||As required by landlord||As determined by landlord; usually not refundable|
|Initial Franchise Fee||$20,000||Franchisor||See item 8 of the disclosure document||Not refundable|
|Initial Training Expenses||$1,600 – $2,000||Your suppliers||See item 13 of the disclosure document||Determined by your suppliers; usually not refundable|
|Computer System/Software Licensing||$800 – $1,500||Your suppliers||As required by suppliers||Determined by your suppliers; usually not refundable|
|Equipment, Furnishings and Fixtures||$1,000 – $1,500||Your suppliers||As required by suppliers||Determined by your suppliers; usually not refundable|
|Start-up Supplies||$10,000||Franchisor||Not refundable|
|Professional Fees||$6,000- $10,000||Your professional advisors||As required by professional advisors||As determined by advisors; usually not refundable|
|Insurance||$1,000||Franchisor||As invoiced||Not refundable|
|Licences, Permits and Authorizations||$100 – $200||Governmental ministry or agency||As required by ministry or agency||Usually not refundable|
Purchasing a Franchise with Wee Watch fit my goal of running my own business from home while being available to my school aged children. The Head Office helped with marketing tools and techniques and by following their model, I have successfully been able to grow my business while still being an involved stay-at-home mom.– Cheryl Fillion, franchisee since 2007