Is the Auntie Annes training fee for the SRU always required, and is it refundable?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
erves the
right to terminate this Agreement and recover the SRU regardless of any remaining term(s) of the Lease Agreement.
- b. Security Deposit. A non-interest bearing deposit of $1,000 shall be paid by Lessee to Lessor upon execution of this Agreement ("Security Deposit"). The Security Deposit, less all sums
Source: Item 22 — CONTRACTS (FDD page 106)
What This Means (2024 FDD)
According to Auntie Annes' 2024 Franchise Disclosure Document, whether a training fee is assessed for the Satellite Retail Unit (SRU) is at the discretion of the Lessor. If a training fee is assessed, it is nonrefundable.
The FDD states that the Lessor may assess a $750 training fee. These proceeds are used to cover the expenses incurred by the Lessor to provide instruction to the Lessee on how to properly operate the SRU. If assessed, the franchisee must pay this fee upon execution of the agreement.
This means that an Auntie Annes franchisee may or may not have to pay a $750 training fee for the SRU, depending on the Lessor's decision. If the fee is required, the franchisee should be aware that it is nonrefundable, regardless of whether the training is completed or found satisfactory.