factual

Does Annex Brands consider failure to pay technology services fees as a breach?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

  • E.

PAYMENT OF FEES.

Franchisee will pay or enable Franchisor to collect any and all sums or amounts promptly as they became due.

Franchisee's failure to pay amounts when due may constitute grounds for termination of the Franchise.

Source: Item 22 — Contracts (FDD pages 109–110)

What This Means (2025 FDD)

According to Annex Brands' 2025 Franchise Disclosure Document, failure to pay amounts when due, which would include the technology services fee, may constitute grounds for termination of the franchise agreement. Franchisees are obligated to pay all sums promptly as they become due.

The technology services fee is $16 per week, collected each Tuesday after the close of business, for the previous week ending Saturday, by automatic draft from the franchisee's designated bank account. This fee is intended to support various technology services that Annex Brands may provide to the franchisee.

Annex Brands retains the right to modify the amount, frequency, date, and method of collection for the technology services fee, provided they give the franchisee at least 15 days' prior notice. Franchisees must authorize payment to Annex Brands by automatic draft from their designated bank account or establish a payment arrangement that allows Annex Brands to withdraw funds to pay various fees, including technology service fees.

Therefore, a franchisee's failure to pay the technology services fee, or any other fees, could lead to the termination of their franchise agreement with Annex Brands.

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.