When must the payment for the initial supply of goods from Wholesale be paid to Azal Coffee?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
ranchise fee.
You must also pay our affiliate, Wholesale $70,000 to $80,000 for your initial supply of coffee beans, tea, coffee and tea mixes, equipment, paper products, syrups, sauces, milk, cups, mugs, branded products, coffee supplies, bakery goods, uniforms, and other inventory items. This range also includes the estimated cost to ship the goods to your Franchise Location. You must pay this fee before you open and immediately upon invoice. This payment is n
Source: Item 5 — INITIAL FEES (FDD page 12)
What This Means (2024 FDD)
According to Azal Coffee's 2024 Franchise Disclosure Document, franchisees must pay Azal Coffee's affiliate, Wholesale, for the initial supply of goods before opening their franchise location. This payment, ranging from $70,000 to $80,000, is due immediately upon invoice.
The initial supply covers a comprehensive list of items necessary to start the Azal Coffee business. This includes coffee beans, tea, coffee and tea mixes, equipment, paper products, syrups, sauces, milk, cups, mugs, branded products, coffee supplies, bakery goods, and uniforms. The quoted range also factors in the estimated cost of shipping these goods to the franchisee's location.
It is important to note that this payment is non-refundable, meaning that once the payment is made, it cannot be recovered. This is a standard practice for initial supply fees in many franchise systems, as these funds are used to procure the necessary inventory and equipment for the franchisee to begin operations. Prospective franchisees should carefully consider this non-refundable aspect and ensure they are fully prepared to proceed before making this payment.