What is the current monthly Loyalty App Fee for an Auntie Annes franchise?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
tor retains 7.75% or 12% of the value of a gift card purchased from a retailer other than a Shop (with the percentage varying by retailer). If a gift card is redeemed in your Shop, we will reimburse the redeemed amount minus the 7.75% or 12% administrative fee retained by the |
| Type of Fee1, 3 | Amount | Date Due | Remarks |
|---|---|---|---|
| vendor. In addition, currently, you must pay our designated gift card processor $4.50 per Shop per mo |
Source: Item 6 — OTHER FEES (FDD pages 30–44)
What This Means (2024 FDD)
According to Auntie Annes's 2024 Franchise Disclosure Document, franchisees are required to participate in the brand's loyalty program and must pay a Loyalty App Fee. The current fee is $51 per month. This fee is payable to Auntie Annes or a vendor that the company designates.
This fee covers the use of the designated loyalty app. It is important to note that the Loyalty App Fee is subject to change, meaning Auntie Annes could increase or decrease this fee in the future.
Franchisees should factor this monthly fee into their operating expenses and be aware that it may fluctuate over the term of their franchise agreement. Staying informed about any potential changes to the Loyalty App Fee will be crucial for managing the financial performance of their Auntie Annes franchise.