What is the current New Manager Training fee for a Chocolate Bash franchise?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
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| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty | 6% of your gross sales | Monthly by the 5th day of the following month | See Note 1 and Note 2. |
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, the New Manager Training fee is currently $15,000. This fee is due prior to the manager attending the training program.
This fee is applicable if a Chocolate Bash franchisee sends a manager or other employee to the training program after the store's opening. It's important to note that this is the current fee, implying that Chocolate Bash has the right to change the fee in the future.
As a prospective franchisee, it would be prudent to confirm whether this fee is likely to change and what factors might influence such changes. Understanding the content and duration of the training program would also help in assessing the value received for this investment.