When is the Deadline Extension Fee due to Azal Coffee?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Deadline Extension Fee | $5,000 | At the time you request an extension | You may obtain a three- month extension of the time to obtain a location if you timely notify us and pay a non- refundable extension fee. |
Source: Item 6 — OTHER FEES (FDD pages 12–19)
What This Means (2024 FDD)
According to Azal Coffee's 2024 Franchise Disclosure Document, the Deadline Extension Fee is due at the time you request an extension. The fee is $5,000.
This fee allows a franchisee to obtain a three-month extension to secure a location for their Azal Coffee franchise. To be eligible for the extension, the franchisee must provide timely notification to Azal Coffee and pay the non-refundable extension fee.
Prospective Azal Coffee franchisees should factor this potential cost into their initial investment planning, especially if they anticipate needing additional time to find a suitable location. The non-refundable nature of the fee means that it will not be returned, regardless of whether the franchisee successfully finds a location within the extended timeframe.