factual

When is the Annual Meeting / Convention fee due for a 7 Brew franchise?

7_Brew Franchise · 2025 FDD

Answer from 2025 FDD Document

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Column 1 Column 2 Column 3 Column 4
Type of Fee(1, 6) Annual Meeting / Convention Amount(2) Will vary under circumstances (not to exceed $1,000 per person; does not include your actual out-of-pocket Due Date As incurred Remarks You (or your designated representative we approve) may attend an annual franchisee meeting, in which case you must pay an atten

Source: Item 6 — OTHER FEES (FDD pages 16–23)

What This Means (2025 FDD)

According to 7 Brew's 2025 Franchise Disclosure Document, the Annual Meeting/Convention fee is due as incurred. This means that the fee is payable at the time of the event, should the franchisee (or their designated representative) choose to attend.

The amount of the fee will vary depending on the circumstances, but it will not exceed $1,000 per person. This amount does not include the franchisee's actual out-of-pocket attendance costs paid to third parties, such as travel and accommodation.

The FDD states that attendance at the annual franchisee meeting is optional, but if a franchisee chooses to attend, they must pay the specified attendance fee. This is a fairly standard practice in the franchise industry, where franchisors often hold annual meetings or conventions to provide training, updates, and networking opportunities for franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.