factual

What is the expected range of fees for Auntie Annes conferences, conventions, programs, or training sessions?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

travel and living expenses | On invoice | At any time, you can request, or we may require, additional on-site training and assistance beyond that which we must provide. We have no obligation to provide on-site training or assistance. We may change this fee from time to time. |

Type of Fee1, 3 Amount Date Due Remarks
Additional Support/ Consulting Fee A reasonable fee, currently, $500 per representative per day, plus their travel and living expenses On invoice We may offer you consultation services beyond the support services under the Franchise Agreement, and if you accept them, we can charge you a consulting fee. We may change this fee from time to time.

Source: Item 6 — OTHER FEES (FDD pages 30–44)

What This Means (2024 FDD)

According to Auntie Annes' 2024 Franchise Disclosure Document, franchisees may be charged a fee for any conferences, conventions, programs, or training sessions that Auntie Annes conducts. These fees are expected to range from $0 to $2,500, and the exact amount will vary by program.

This means that franchisees should budget for potential costs associated with attending required or recommended training events. The fee amount can fluctuate depending on the specific conference or program offered by Auntie Annes.

As the fee is described as 'reasonable', prospective franchisees might want to inquire about the typical frequency and cost of these events to better estimate their potential financial obligations. Understanding the value and necessity of these programs will also help in assessing the return on investment for these fees.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.