What costs are the franchisee responsible for regarding training for additional Afuri Ramen Dumpling franchises?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
- 2.2 Training Costs. In addition to training fees per Section 2.1 above, Franchisee will be responsible for Franchisor's out-of-pocket costs related to the Additional Training, including transportation, meals and lodging for Franchisor's training personnel. Franchisee will reimburse such costs or pay them in advance as Franchisor will determine.
- 2.3 Method of Payment. Franchisee's payment obligations under this Agreement will be made by automatic account withdrawal or other automatic processes or forms of payment that Franchisor specifies, such as check, certified check, money order, credit or debit card, automatic preauthorized payment plan, electronic funds transfer, or payments through the internet, including processes whereby Franchisee authorizes Franchisor to remove the payment directly from Franchisee's bank account.
- 2.4 Late Charges. Late payments under this Agreement will be subject to late charges and interest prescribed by the Franchise Agreement. Such charges and interest will not exceed any limits imposed by applicable laws.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to the 2024 Afuri Ramen Dumpling Franchise Disclosure Document, franchisees are responsible for specific costs associated with additional training. In addition to training fees, the franchisee must cover the franchisor's out-of-pocket expenses for additional training. These expenses include transportation, meals, and lodging for the franchisor's training personnel.
The franchisee is required to either reimburse these costs or pay them in advance, as determined by Afuri Ramen Dumpling. Payments for these obligations must be made through automatic account withdrawal or other specified automatic payment methods, such as checks, money orders, credit or debit cards, preauthorized payment plans, electronic funds transfers, or online payments.
Late payments are subject to late charges and interest as outlined in the Franchise Agreement, but these charges will not exceed legal limits. This means that beyond the initial training included in the franchise fee, franchisees should budget for ongoing training expenses and ensure timely payments to avoid penalties.