When is the Development Services Fee due to Capriottis Sandwich Shop?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
If Capriotti's Sandwich Shop, Inc. offers you a franchise, it must provide this disclosure document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
Source: Item 22 — CONTRACTS (FDD page 73)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the timing of the Development Services Fee payment to Capriotti's Sandwich Shop is not explicitly detailed in the provided excerpts. While the document mentions a Development Fee, it does not specify when this fee is due. The excerpts do mention that Capriotti's Sandwich Shop must provide the disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
Given the lack of specific information about the Development Services Fee due date, it is important for potential franchisees to seek clarification from Capriotti's Sandwich Shop directly. This can be done by contacting the franchise sellers listed in the FDD or by discussing the payment schedule during the negotiation of the franchise agreement. Understanding the payment terms is crucial for financial planning and ensuring compliance with the franchise agreement.
Prospective franchisees should inquire about the exact amount of the Development Services Fee, the payment schedule (e.g., lump sum or installments), and any conditions that may affect the fee or its payment. This information will help franchisees make informed decisions and avoid potential disputes with Capriotti's Sandwich Shop.
In summary, while the FDD acknowledges the existence of a Development Fee, it does not provide details on when it is due. Therefore, direct communication with Capriotti's Sandwich Shop is necessary to obtain this critical information.