16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a REF USA Corp franchise ranges from $58K to $75K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for REF USA Corp is $35K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the REF USA Corp 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, REF USA Corp does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisREF USA Corp charges a royalty fee of 20.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a REF USA Corp franchise is approximately 20.0% of gross sales (2024 FDD). This includes the royalty fee, a $30/month technology fee, and other recurring charges.
View full fees analysisREF USA Corp has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the REF USA Corp franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisREF USA Corp offers protected territory rights to its franchisees (2024 FDD). The franchise agreement does not include encroachment protection. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisREF USA Corp currently operates 15 locations (2024 FDD) (15 franchised, 0 company-owned). The system grew by 0.0% over the past year. The 3-year compound annual growth rate is -2.1%.
View full growth analysisThe 1-year franchisee turnover rate for REF USA Corp is 0.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the REF USA Corp FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $226K (average: $303K).
View full financials analysisThe initial franchise agreement term for REF USA Corp is 10 years (2024 FDD). The total potential term is 10 years.
View full contract analysisREF USA Corp's post-termination non-compete clause restricts former franchisees from operating a competing business for 1.5 years within 150 miles of the former location (2024 FDD).
View full legal analysisYes, REF USA Corp's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD). The agreement includes a jury trial waiver.
View full legal analysisREF USA Corp provides 20 hours of initial training (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisREF USA Corp does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysis