Criterium Engineers FDD Summary
Type of Business
The franchisee will own a consulting engineering service business which specializes in providing reports, inspections, consultation, investigation and litigation support services on the structural and mechanical aspects of residential, commercial and light industrial buildings to prospective purchasers, real estate brokers, litigants and others.
COAST TO COAST ENGINEERING SERVICES, INC. is a Maine corporation doing business under the name “CRITERIUM ENGINEERS.” Its principal business address is: 22 Monument Square, Portland, Maine 04101.
The total investment necessary to begin operation of a CRITERIUM ENGINEERS franchised business is $44,950.00 to $71,650.00. This includes $29,500.00 that must be paid to the franchisor or its affiliate(s). We also offer to select qualified persons the opportunity to acquire the exclusive right to develop multiple CRITERIUM ENGINEERS Franchises in a Designated Development Area. The total investment necessary to begin operation under the Area Development Agreement is approximately $47,950.00 to $76,950.00. This includes the Area Development fee of $1,000.00 multiplied by the number of CRITERIUM ENGINEERS Franchises you establish in the Development Area. You must also pay the full amount of the then-current Franchise Fee for the first CRITERIUM ENGINEERS Franchise you open as well as for each subsequent Franchise opened under the Area development Agreement. After your first CRITERIUM ENGINEERS Franchise is opened and operating, you will receive a credit of $1,000.00 toward the payment of each subsequent Franchise Fee.