When is the remaining balance of the Aw initial franchise fee due?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
bited by this paragraph). Further, during the term of this Agreement, you will not (1) divert customers or business from your Papa Ray's Pizza Restaurant to any other business or (2) hire any employees of ours, our affiliates or any other franchisees.
10. FEES AND ROYALTIES
10.1 Initial Franchise Fee. You must pay us an initial franchise fee (the "Initial Franchise Fee") of Thirty Thousand Dollars ($30,000.00). Upon signing this Agreement, you must pay us Fifteen Thousand Dollars ($15,000.00) of the Initial Franchise Fee in cash. The balance of Fifteen Thousand Dollars ($15,000.00) is due within five (5) days of our issuance of written approval of the site for your Papa Ray's Pizza Restauran
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the initial franchise fee is $30,000. Upon signing the Franchise Agreement, the franchisee must pay $15,000 in cash. The remaining balance of $15,000 is due within five days of Aw's written approval of the site for the Papa Ray's Pizza Restaurant.
This means that a prospective Aw franchisee will need to have $15,000 available upon signing the agreement and should plan to have the remaining $15,000 ready within five days of site approval. Site approval is a critical milestone, as it triggers the final payment for the franchise fee.
However, if the franchisee is an existing franchisee in good standing purchasing an additional franchise, an honorably discharged veteran, or a current or past employee of Aw, its affiliate, or one of its franchisees employed for at least one year, the initial franchise fee is $15,000, payable in full upon signing the agreement. In this case, there would be no remaining balance due after site approval.