How much is the monthly maintenance fee for the PostalMate sublicense for Annex Brands, and how is it paid?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
-
- Payment. As payment for the sublicense granted under this Agreement, End User will pay Master Licensee an initial license fee of $250, an annual license fee of $35 and a maintenance fee of $$105 payable monthly on the 1st of the month to PostalMate by automatic draft or credit card. Both the annual license fee and the monthly maintenance fee are subject to Master Licensee's right to modify the maintenance fee and/or license fee, in its reasonable discretion, after at least 15 days' prior written not
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to the 2025 FDD, Annex Brands franchisees must pay a monthly maintenance fee of $105 for the PostalMate sublicense. This fee is payable to PostalMate on the 1st of each month.
The fee must be paid via automatic draft or credit card. This payment method ensures consistent and timely payments, but franchisees should ensure they have sufficient funds available to avoid any potential issues with automatic withdrawals.
Annex Brands retains the right to modify this maintenance fee at its discretion, provided they give the franchisee at least 15 days' prior written notice. This clause introduces a degree of uncertainty, as the franchisee must be prepared for potential fee adjustments during the term of the sublicense.