What is the payment method required for the Chesters Training Fee?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
We will advise you as we deem appropriate regarding the Restaurant's operation and new developments, techniques, and improvements in areas of Restaurant management, food preparation, sales promotion, and service.
5. Fees.
- (a) Training Fee. You must pay us a $3,500 training fee, due upon the Effective Date of this Agreement. The training fee is not re
Source: Item 23 — **RECEIPTS (FDD pages 48–197)
What This Means (2025 FDD)
According to Chesters' 2025 Franchise Disclosure Document, the $3,500 training fee is payable upon the effective date of the franchise agreement. Chesters requires that payment for the training fee be made via credit card or automated clearing house (ACH) transfer.
This means that a prospective Chesters franchisee must arrange to pay the $3,500 training fee using either a credit card or by setting up an ACH transfer from their bank account when the franchise agreement becomes effective. The franchisee will also need to sign Chesters' payment authorization form, which is included as an exhibit to the franchise agreement.
It is important to note that the training fee is non-refundable under any circumstances, as it is considered earned by Chesters upon receipt. This is a fairly standard practice in franchising, as the franchisor incurs costs in preparing and delivering the initial training program.