Who determines if an 'Annual System Conference' will occur for C3 Wellness Spa franchisees?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
have been entered into between the foregoing parties.
- "Annual Conference Attendance Fee" refers to and means an annual conference fee to be paid by Franchisee to Franchisor in an amount determined by Franchisor but not to exceed $1,500 annually.
- "Annual System Conference" refers to and means a conference that may be established and organized by Franchisor for the purpose of facilitating networking among Spa Location Franchise franchisees, and general education. Franchisor shall designate and determine whether or not an Annual System Conference shall occur and, if one is established in any particular year, the dates, content and location of the Annual System Conference. The Annual System Conference shall be for a duration of not more than three consecutive days per calendar year. Franchisee is responsible for all costs and expenses associated with Franchisee's travel to and attendance at the Annual System Conference.
Source: Item 23 — RECEIPTS (FDD pages 59–293)
What This Means (2024 FDD)
According to C3 Wellness Spa's 2024 Franchise Disclosure Document, the franchisor determines whether or not an Annual System Conference will occur. Specifically, C3 Wellness Spa decides if the conference will be held in any given year, as well as the dates, content, and location of the conference.
This means that attendance at an Annual System Conference is not guaranteed for C3 Wellness Spa franchisees. If a conference is established, it will be for a duration of no more than three consecutive days per calendar year. The purpose of the conference is to facilitate networking among franchisees and provide general education.
Franchisees are responsible for all costs and expenses associated with their travel to and attendance at the Annual System Conference. The FDD also mentions an "Annual Conference Attendance Fee" that franchisees must pay to the franchisor, in an amount determined by the franchisor, but not to exceed $1,500 annually. Prospective franchisees should factor in these potential costs when evaluating the C3 Wellness Spa franchise opportunity.