What is the initial franchise fee for a single Chocolate Fish Coffee franchise?

According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the initial franchise fee is included in the "Estimated Initial Investment – Franchise Agreement" table, assuming the franchisee signs a Multi-Unit Development Agreement (MUDA) for two to five franchises. The initial franchise fees are reduced to $22,500 for the second and each additional franchise. All franchise fees are to be paid upon signing the MUDA.

This indicates that the initial franchise fee for the first unit is part of the broader initial investment outlined in the franchise agreement. If a franchisee commits to developing multiple units under a Multi-Unit Development Agreement, the franchise fee for subsequent units is reduced to $22,500. This incentivizes franchisees to expand their operations with Chocolate Fish Coffee.

Prospective franchisees should note that the initial franchise fee is non-refundable, as stated in Item 23. Furthermore, the signing of a MUDA does not automatically grant the right to open or operate a Chocolate Fish Coffee business; a separate franchise agreement must be executed for each location. This agreement is made between Chocolate Fish Franchising, LLC, and the franchisee, effective as of the date signed by Chocolate Fish Franchising.