How often is the Star University Access Fee charged to a Carls franchisee, and what is the current amount?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Star University Access Fee | Currently, $14 per Fiscal Period (currently a 4-week accounting period) | Within 21 days of receipt of invoice | This fee will provide you access to Star University, a required training tool for your Franchised Restaurant; Star University an E-Learning management system for the administration, tracking and reporting of learning programs. You will be required to sign the Star University License Agreement (the current form is attached as Appendix I in Exhibit D). The fee is paid to us but we pass this entire fee to a third-party vendor to help facilitate the training environment. We reserve the right to increase the fee in the future. |
Source: Item 6 — Other Fees (FDD pages 26–31)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, franchisees are charged a Star University Access Fee of $14 per fiscal period. Carls defines a fiscal period as a 4-week accounting period. This fee is due within 21 days of receiving the invoice.
The Star University Access Fee provides franchisees with access to Star University, which is a required e-learning management system used for administering, tracking, and reporting on learning programs for the franchised restaurant. Carls requires franchisees to sign a Star University License Agreement, a copy of which is included as Appendix I in Exhibit D of the FDD.
While the fee is paid to Carls, the FDD states that Carls passes the entire fee to a third-party vendor to facilitate the training environment. It's important to note that Carls retains the right to increase this fee in the future, so prospective franchisees should factor in potential cost increases when evaluating the franchise opportunity.