factual

What is the non-attendance fee charged by City Wide for missing the National Meeting without consent?

City_Wide Franchise · 2025 FDD

Answer from 2025 FDD Document

ional Meetings, or you will incur the non attendance fee. Under certain |

Type of Fee1 Amount Due Date Remarks
without CITY WIDE's consent, you will be charged a non attendance fee of $2,000. circumstances, such as a default under the Franchise Agreement, you may not be qualified to attend a National Meeting. Under those circumstances, you will not pay a non-attendance fee. CITY WIDE may increase this fee based upon the venue, level of at

Source: Item 6 — OTHER FEES (FDD pages 16–20)

What This Means (2025 FDD)

According to City Wide's 2025 Franchise Disclosure Document, franchisees may incur a non-attendance fee of $2,000 if they do not attend the National Meeting without obtaining City Wide's consent. This fee is designed to encourage participation in these meetings, which City Wide likely views as important for franchisee training, networking, and overall system cohesion.

However, the FDD also specifies that City Wide may increase this fee depending on factors such as the venue, level of attendance, speakers, and duration of the National Meeting. This indicates that the $2,000 fee is a baseline, and franchisees should anticipate potential increases. Furthermore, franchisees may not be required to pay the non-attendance fee under certain circumstances, such as a default under the Franchise Agreement, which may disqualify them from attending the National Meeting in the first place.

It is important for prospective franchisees to understand the conditions under which this fee may be charged or increased. Franchisees should inquire with City Wide about the typical cost of attending a National Meeting, including travel and accommodation expenses, to fully assess the financial implications of attending or potentially missing the event. Understanding these costs and conditions will help franchisees budget accordingly and make informed decisions about their participation in the National Meeting.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.