To what will the Annual Conference Registration Deposit be applied for 1 800 Packouts franchisees?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
per additional trainee, which is non-refundable.
You will pay us a $1,000 Annual Conference Registration Deposit, due within seven (7) days of signing your franchise agreement, which will be applied to the actual attendance fee for your first attendance at the first annual conference available to you after you have completed your training. If any portion of this deposit is not required as part of that annual conference attendance or registration fee, it will be credited to you
Source: Item 5 — INITIAL FEES (FDD page 16)
What This Means (2025 FDD)
According to 1 800 Packouts' 2025 Franchise Disclosure Document, the $1,000 Annual Conference Registration Deposit will be applied to the actual attendance fee for a franchisee's first attendance at the first annual conference available after completing training. This deposit is due within seven days of signing the franchise agreement.
If the full $1,000 deposit is not needed to cover the annual conference attendance or registration fee, 1 800 Packouts will credit the remaining portion to the franchisee's invoice following the conference. This ensures that franchisees are only paying the necessary amount for the conference and any excess funds are returned to them.
This arrangement benefits the franchisee by allowing them to budget for the conference in advance and ensures that they are not overcharged. It also provides 1 800 Packouts with funds to help plan and organize the annual conference, as they receive the deposits shortly after the franchise agreement is signed.