How much notice will Chesters provide before increasing the POS Technology Fee?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
ment is due by credit card or ACH transfer. You also must pay us a POS Technology Fee if during this Agreement's term we require
Source: Item 23 — **RECEIPTS (FDD pages 48–197)
What This Means (2025 FDD)
According to Chesters' 2025 Franchise Disclosure Document, Chesters will provide franchisees with 90 days' prior written notice before increasing the POS Technology Fee. The monthly fee, however, will not exceed $350. This fee is applicable if the franchisee chooses to purchase the recommended POS system hardware or if Chesters requires franchisees to obtain the Chester's POS System as part of the required operating equipment during the agreement term.
This policy ensures that franchisees have advance warning of any potential cost increases related to the POS system, allowing them time to adjust their budgets and business plans accordingly. The 90-day notice period is a fairly standard practice in franchising, providing franchisees with a reasonable timeframe to prepare for the change.
The cap of $350 on the monthly POS Technology Fee provides further financial predictability for franchisees. This limit helps to prevent unexpected or excessive cost increases, making it easier for franchisees to manage their expenses and maintain profitability. Prospective franchisees should consider this fee and the potential for increases when evaluating the overall cost of investing in a Chesters franchise.