When is the POS System Administration Fee due for an Auntie Annes franchise?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
Unless otherwise stated, we directly impose all the fees in this table, you pay them to us, and we do not refund them.
We endeavor to impose these fees uniformly but reserve the right to make variances in special circumstances, like co-branding opportunities or franchisees operating in non-traditional locations.
We reserve the right to collect all fees due to us under the Franchise Agreement through EFT.
We may change the Payment Due Date, and any other due dates, in the Manuals or in a written notice to you.
Source: Item 6 — OTHER FEES (FDD pages 30–44)
What This Means (2024 FDD)
According to Auntie Annes's 2024 Franchise Disclosure Document, the POS System Administration Fee is due on the Payment Due Date. However, the specific Payment Due Date is not provided in this excerpt.
While the excerpt does not specify the exact date, it does mention that Auntie Annes may change the Payment Due Date in the manuals or in a written notice to the franchisee. This implies that the due date is subject to change and that franchisees should refer to the most up-to-date information provided by Auntie Annes.
Prospective franchisees should inquire about the specific Payment Due Date for the POS System Administration Fee and clarify how they will be notified of any changes to the due date. It would also be prudent to understand the consequences of late payments and any potential grace periods.