When is the Renewal Fee payable to Cinnaholic?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Renewal Fee | 50% of the amount of the then-current initial franchise fee | Before renewal | Payable when, and if, you renew your Franchise Agreement. There are other conditions to renew (see Item 17 of this Disclosure Document). |
Source: Item 6 — OTHER FEES (FDD pages 13–17)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the Renewal Fee is due before renewal. The renewal fee is 50% of the then-current initial franchise fee. This fee is payable only if the franchisee chooses to renew their Franchise Agreement, and there are other conditions to renewal as detailed in Item 17 of the FDD.
For a prospective Cinnaholic franchisee, this means that if they decide to renew their franchise agreement at the end of the initial term, they will need to pay a renewal fee that is equivalent to half of the initial franchise fee at that time. It is important to note that the initial franchise fee may change over time, so the renewal fee could be different from what the franchisee initially paid.
Franchisees should carefully review Item 17 of the Cinnaholic FDD to understand all the conditions that must be met to qualify for renewal. Planning ahead for this potential expense is crucial for long-term financial stability. This is a fairly standard practice in franchising, as renewal fees are common and help the franchisor offset costs associated with the renewal process and continued support of the franchisee.