When is the initial franchise fee of $17,500 due to Annex Brands?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure (1) | Amount (2) | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|
| Initial franchise fee (3) | $17,500 | Lump sum | On signing franchise agreement | Us |
Source: Item 7 — Estimated Initial Investment (FDD pages 32–39)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, the initial franchise fee of $17,500 is due upon signing the franchise agreement. This fee is paid in a lump sum to Annex Brands.
This means that a prospective franchisee must be prepared to pay the full $17,500 at the time they formally commit to the franchise by signing the agreement. This is a standard practice in franchising, as the initial fee compensates the franchisor for granting the franchise rights and providing initial support and training.
It's important for potential Annex Brands franchisees to factor this immediate cost into their initial investment calculations and ensure they have the necessary funds available when signing the agreement.