I invested in a franchise business and paid a franchise fee, but now I'm reconsidering my decision. I'm wondering if there's a possibility to get my franchise fee refunded.
7 answers
Daniele
Tue Oct 15 2024
The franchise agreement holds the key to understanding the refund policy for franchise fees.
Elena
Tue Oct 15 2024
This window typically opens after the agreement has been signed and lasts for a predetermined period, often 30 to 45 days.
BusanBeautyBloomingStarShine
Tue Oct 15 2024
Typically, the agreement outlines the conditions under which a refund may be granted.
IncheonBeautyBloomingRadiance
Tue Oct 15 2024
In the absence of specific provisions, franchisees should be aware that the fee is non-refundable.
Silvia
Tue Oct 15 2024
Nevertheless, some franchise agreements do allow for a refund window.