Under what condition is an Amorino franchisee required to pay a development fee?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- E. Development Fee. If you are opening a Traditional Store and if so specified in the Data Sheet, we may require you to pay a development fee in the amount set forth in the Data Sheet, for services to be provided by us or a consulting firm designated by us to assist you in managing the selection and development of the Store. If we require you to pay such fee, half of the fee is due when you sign this Agreement, and the other half is due on the Site Selection Date. Such fee is to be paid to us on behalf of the consultant and is nonrefundable upon payment.
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, a development fee may be required if a franchisee is opening a Traditional Store. The requirement to pay this fee is specified in the Data Sheet, which is part of the franchise agreement. This fee covers services provided by Amorino or a designated consulting firm to assist the franchisee in managing the selection and development of the store location.
If Amorino requires the franchisee to pay the development fee, the payment is split into two installments. Half of the fee is due when the franchise agreement is signed, and the other half is due on the Site Selection Date. It is important to note that this fee is paid to Amorino on behalf of the consultant and is nonrefundable upon payment.
Prospective Amorino franchisees should carefully review the Data Sheet within their franchise agreement to determine if a development fee is required for their specific situation. Understanding the terms and conditions of this fee, including the payment schedule and nonrefundable nature, is crucial for financial planning and decision-making.