Can 360 Painting modify the annual convention fees?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Annual Convention | Attendance fee varies (Currently, $1,000). $2,000 if you do not attend, but we may modify the fees on notice to you based on our then current allocated costs. | Upon demand | Attendance fee varies depending on convention location. |
Source: Item 6 — OTHER FEES (FDD pages 18–21)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, the company has the right to modify the annual convention fees. The FDD states that the attendance fee currently stands at $1,000, but increases to $2,000 for franchisees who do not attend. However, 360 Painting retains the right to change these fees.
The document specifies that 360 Painting may modify the fees based on their then-current allocated costs, provided they give notice to franchisees. This means that the cost of attending the annual convention could fluctuate depending on factors influencing the overall expense of hosting the event, such as location and resources required.
As a prospective franchisee, it is important to understand that the annual convention fee is not fixed and can change. Franchisees should pay attention to any notices from 360 Painting regarding changes to the fee structure to budget accordingly. It would be prudent to inquire about the typical range of these fees and the factors that could cause them to increase to better prepare for potential costs associated with attending (or not attending) the annual convention.