LifestyleONE â An ergonomic bed design worth dreaming about. The bed, LifestyleONE, features many new functions in a stylish design that gives the bed a whole new place in the bedroom. The bed was designed to include adjustable comfort zones that are integrated with its existing LINAKÂ® motor solution â something which is completely unique and that sets new standards for ergonomics in the bed market.
The franchise fee covers your initial training, supplies and gives you access to the unique goods or services associated with the franchise. The franchise fee is recorded at its full present value amount. On the balance sheet, the franchise fee is listed under the assets section as an intangible asset. To record the initial franchise fee purchase cost, you debit Franchise Fee for $50,000 and credit Cash for $50,000. Yearly Franchise Fee Amortization You can amortize your franchise fee on a yearly basis.
1 This fee can be as low as $10,000 to $15,000 or as high as the sky--in some cases well over $100,000. The average or typical initial franchise fee for a single unit is about $20,000 or $35,000.  Royalties or Ongoing Franchise Fees. Franchisees usually pay an ongoing franchise fee or royalty.