factual

What is the deadline for a C3 Wellness Spa Franchisee to pay the Operations Non-Compliance Fee?

C3_Wellness_Spa Franchise · 2024 FDD

Answer from 2024 FDD Document

are prepared and submitted to the applicable federal, state and local entities. Said tax returns shall be submitted to Franchisor within 45 days of Franchisee or Franchisee's agent filing such returns with the applicable federal, state and local entities; and

  • (5) Other Reports Franchisee shall timely submit to Franchisor, all other forms, reports, records, information, and data as Franchisor may reasonably request in writing or as otherwise set forth in the Operations Manuals.

12.C. REMEDIES FOR NON-COMPLIANCE WITH RECORDS AND REPORTING

In addition to all other rights afforded t

Source: Item 23 — RECEIPTS (FDD pages 59–293)

What This Means (2024 FDD)

According to the 2024 C3 Wellness Spa Franchise Disclosure Document, if a franchisee violates any operational requirement, they must pay an operations non-compliance fee within 14 days of the date of the invoice from C3 Wellness Spa. The non-compliance fee is $500 for each failure to submit a report or record on time.

This means that if a C3 Wellness Spa franchisee fails to meet operational standards, they will be invoiced for $500 per violation and will have two weeks to remit payment to C3 Wellness Spa. Failure to pay within this timeframe could result in additional penalties or legal action from the franchisor.

It is important to note that this fee is in addition to any other rights afforded to C3 Wellness Spa under the franchise agreement. The franchise agreement states that non-compliance does not constitute C3 Wellness Spa's consent to, or acquiescence to, reporting violations, and that all rights and remedies of C3 Wellness Spa are cumulative.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.