What is the required action if a 7 Brew franchisee attends the annual meeting?
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, if a franchisee (or their approved representative) chooses to attend the annual meeting, they must pay an attendance fee. The amount of this 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. The fee is due as incurred.
This means that attending the annual 7 Brew franchisee meeting is optional, but it comes with a direct cost. Franchisees need to budget for this expense if they plan to attend. The FDD clarifies that the $1,000 limit does not cover travel or lodging, so the total cost of attending could be significantly higher.
Many franchise systems hold annual meetings to provide training, updates, and networking opportunities. While attendance is often encouraged, it is not always mandatory. The fact that 7 Brew charges a fee for the meeting is not unusual, as it helps offset the costs of organizing and running the event. However, franchisees should weigh the potential benefits of attending against the cost to determine if it is a worthwhile investment for their business.