factual

Who is required to pay the 7 Brew Annual Meeting/Convention fee?

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, if a franchisee or their designated representative attends the annual franchisee meeting, they are required to 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 amount does not include the attendee's actual out-of-pocket attendance costs paid to third parties, such as travel and accommodation.

This means that attendance at the annual meeting is not mandatory, but if a franchisee chooses to attend, they must budget for both the attendance fee payable to 7 Brew and their own travel-related expenses. The fee is due as incurred, meaning it must be paid around the time of the meeting.

Franchisors often hold annual meetings or conventions to provide training, updates, and networking opportunities for franchisees. Requiring franchisees to cover their own attendance costs is a common practice in the franchise industry. This allows franchisees to decide whether the benefits of attending the meeting justify the expense.

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.