What is the payment method required for the Advertising association fee for Annex Brands?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Advertising association fee | Monthly, the greater of $150 or 1% of Gross Receipts (2) | 10 days after end of each calendar month or as otherwise provided by local or regional association bylaws | You must participate in a local or regional association. The board of directors of your association may also periodically impose special assessments on its members. You pay fees by automatic bank draft, either to the association or directly to us, at our option. (3) |
Source: Item 6 — OTHER FEES (FDD pages 24–32)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, the advertising association fee must be paid via automatic bank draft. This fee is paid either to the association or directly to Annex Brands, depending on their preference.
The advertising association fee is the greater of $150 or 1% of gross receipts and is due 10 days after the end of each calendar month, or as otherwise provided by local or regional association bylaws. Franchisees are required to participate in a local or regional association, and the board of directors of the association may periodically impose special assessments on its members.
The requirement to pay by automatic bank draft ensures timely payments and reduces administrative work for both the franchisee and Annex Brands. Franchisees should ensure they have sufficient funds in their account to cover these fees to avoid any late payment penalties or disruptions.