When is the promotional programs fee payable to Cilantro Taco Grill?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Promotional Programs developed by Franchisor | Not to exceed $600/day, including labor, marketing materials, furniture, equipment and/or food | If incurred | Payable to Us. |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2024 FDD)
According to Cilantro Taco Grill's 2024 Franchise Disclosure Document, the promotional programs fee is payable to Cilantro Taco Grill 'if incurred.' The cost for promotional programs developed by Cilantro Taco Grill will not exceed $600 per day, including expenses for labor, marketing materials, furniture, equipment, and/or food.
This means that franchisees will only be charged this fee during periods when they are actually participating in a promotional program initiated by the franchisor. The fee covers the costs associated with running the promotion, and franchisees should budget for this expense when planning their marketing activities.
It is important for prospective franchisees to understand the details of these promotional programs, including how often they occur, what they typically entail, and how the costs are calculated. This will allow them to accurately forecast their potential expenses and assess the overall profitability of their Cilantro Taco Grill franchise.