When are the payments for the 7 Brew franchise's Point-of-Sale system due?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
IAL INVESTMENT**
| Type of expenditure | Amount | Method of payment | When due | To whom payment is to be made |
|---|---|---|---|---|
| Development Fee and First Initial Franchise Fee (minimum 5-Store commitment) (Note 1) | $75,000 | Lump sum | Upon signing first Fr |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 23–27)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the payment for the Point-of-Sale system is due 'as incurred.' This means that the franchisee will need to make payments as the expenses arise during the process of setting up the franchise.
The cost for the Point-of-Sale system is estimated to be between $15,000 and $25,000. The method of payment can be either a lump sum or financed. The payment is to be made to approved suppliers.
Prospective franchisees should budget accordingly and discuss with 7 Brew approved suppliers to understand the payment schedule and financing options available. Understanding these payment terms is crucial for managing the initial investment and cash flow during the startup phase.