Can Auntie Annes collect all fees due under the Franchise Agreement through EFT?

According to Auntie Annes's 2024 Franchise Disclosure Document, Auntie Annes retains the right to collect all fees due under the Franchise Agreement through Electronic Funds Transfer (EFT). This means that Auntie Annes has the option to directly debit the franchisee's bank account for any fees owed, providing a convenient and efficient method for fee collection.

This policy provides Auntie Annes with a reliable mechanism to ensure timely payments. For franchisees, it means they need to maintain sufficient funds in their designated bank account to cover these fees when they are due. While this offers convenience, franchisees should be aware of the due dates for various fees to avoid any overdraft or insufficient funds issues.

The FDD also states that Auntie Annes may change the Payment Due Date, and any other due dates, in the Manuals or in a written notice to you. This means that franchisees must stay informed of any changes to payment schedules communicated by Auntie Annes to avoid late payment penalties or other complications.