How must the Chesters training fee be paid?
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's 2025 Franchise Disclosure Document, the $3,500 training fee is due upon the effective date of the franchise agreement. Chesters requires that payment for this fee be made via credit card or automated clearing house (ACH) transfer. The franchisee must also sign a payment authorization form, which is attached to the agreement as Exhibit A.
This means that a prospective Chesters franchisee will need to have a credit card or bank account ready for ACH transfer to cover the training fee when the franchise agreement becomes effective. The franchisee should also carefully review and sign the payment authorization form (Exhibit A) to authorize these payments.
It is important to note that the training fee is non-refundable under any circumstances, as it is considered earned by Chesters upon receipt. Therefore, a franchisee should be certain about proceeding with the franchise before making this payment, as they will not be able to get it back even if they later decide not to open the restaurant.