Can the fees for Burros Fries quarterly meetings or annual conventions change?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
- (4) Conduct quarterly meetings or an annual convention at such place as shall be designated by us, at our current fees which can change based on our cost (Franchise Agreement, Section 20.A).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 27–38)
What This Means (2024 FDD)
According to Burros Fries's 2024 Franchise Disclosure Document, the fees associated with quarterly meetings or the annual convention are subject to change. Specifically, Burros Fries states that these fees can fluctuate based on their costs.
This means that the initial fee estimate provided to a prospective franchisee may not be the final cost. Factors influencing these costs could include venue expenses, speaker fees, or other logistical arrangements for the meetings and conventions.
As a prospective franchisee, it is important to factor in the potential for increased costs when budgeting for ongoing training and meeting attendance. It would be prudent to inquire with Burros Fries about the typical range of these fees and the factors that could lead to increases to better prepare for these expenses.