What is the maximum Annual Meeting/Convention fee for a 7 Brew franchisee?
7_Brew Franchise · 2025 FDDAnswer 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, franchisees may be required to attend an annual meeting, and if so, they must pay an attendance fee. The fee will vary depending on the circumstances, but it will not exceed $1,000 per person. This fee does not include the franchisee's actual out-of-pocket attendance costs paid to third parties, such as travel and accommodation expenses.
This means that a 7 Brew franchisee should budget for up to $1,000 per person for the annual meeting/convention fee, in addition to covering their own travel and accommodation costs. The actual fee may be less than $1,000, but it is important to be aware of the potential maximum cost. Franchisees should also factor in the cost of sending more than one representative, as the fee is per person.
It is common practice in the franchise industry for franchisors to hold annual meetings or conventions for their franchisees. These events provide an opportunity for franchisees to network with each other, learn about new products and services, and receive training and updates from the franchisor. Franchisees are typically responsible for covering their own travel and accommodation costs, as well as paying an attendance fee.
Prospective 7 Brew franchisees should inquire about the frequency and location of the annual meeting, as well as the estimated total cost of attendance, including travel, accommodation, and the attendance fee. This information will help them to budget accordingly and make an informed decision about whether to invest in a 7 Brew franchise.