What form of payment is accepted for the Anago Subfranchise Fee?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
19 (804) 371-9051
(agent for service of process)
Clerk, State Corporation Commission 1300 East Main Street Richmond, Virginia 23219 (804) 371-9733
WASHINGTON
(state administrator)
Department of Financial Institutions Securities Division P.O. Box 9033 Olympia, Washington 98507-9033 (360) 902-8760
(agent for service of process) Director Department of Financial Institutions Securities Division 150 Israel Road, S.W. Tumwater, Washington 98501
WISCONSIN
Securities and Franchise Registration Wisconsin Securities Commission 345 West Washington Avenue, 4th Floor Madison, Wisconsin 53703 (608) 266-3431
EXHIBIT C - DEPOSIT AGREEMENT
DEPOSIT AGREEMENT
(NAME) (the "Applicant") has made formal application for Anago Subfranchise Rights in the following target area:
(State) counties of (Names of Counties).
| A cashier's check of or Bank transfer in the amount of $XXX,XXX ( dollars) (the "Subfranchise Fee") is acknowledged as having been received as an indication of his bona fide intent to enter into an Anago Subfranchise Rights Agreement with Anago Franchising, Inc. (the "Franchisor"). |
|---|
| The Applicant understands that, in reliance on his Application, time and effort will be exerted by the |
| Franchisor in undertaking various steps preliminary to the granting of Anago Subfranchise Rights. |
| The Applicant acknowledges that they have |
| received from the Franchisor a copy of its Franchise |
| Disclosure Document, including all exhibits at least 14 Calendar Days before the signing of this |
| Deposit Agreement |
| or the payment of any consideration for Anago Subfranchise Rights. |
| In consideration of the services to be rendered to the Applicant, the Applicant agrees not to disclose |
| or make use of, either directly or indirectly, any trade secrets or Confidential Information disclosed |
| to them in reliance on the Application. "Confidential Information" includes, without limitation, |
| contemplated l |
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the Subfranchise Fee can be paid via cashier's check or bank transfer. The document states that a cashier's check or bank transfer in the amount of $XXX,XXX is acknowledged as an indication of bona fide intent to enter into an Anago Subfranchise Rights Agreement. The exact amount is not specified in the excerpt.
This deposit is an indication of the applicant's serious intent to become an Anago subfranchisee. Anago Franchising, Inc. will then expend time and effort in preliminary steps towards granting the subfranchise rights. The applicant also acknowledges receipt of Anago's Franchise Disclosure Document, including all exhibits, at least 14 calendar days before signing the Deposit Agreement or paying any consideration for Anago Subfranchise Rights.
The applicant agrees not to disclose any trade secrets or confidential information disclosed to them. This clause remains effective regardless of whether a Subfranchise Rights Agreement is ultimately entered into. The Subfranchise Rights Agreement must be signed, and the full initial fee must be received within 30 days of the date of the Deposit Agreement. If no Subfranchise Rights Agreement is signed, the applicant is entitled to a refund of their deposit, less 50%.
Prospective franchisees should confirm the exact amount of the Subfranchise Fee and clarify with Anago if other payment methods are acceptable. Understanding the specific payment terms and refund conditions is crucial before entering into any agreement.