What is the amount of the deposit payment due for a Coffee News franchise?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
(USD) per week.
- 2.1.4.4 prices for all other countries in addition to the U.S. and Canada shall be based on USD conversion to the respectful local currencies.
- 2.1.5 Additi
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, a non-refundable deposit of $7,000.00 is required for each additional franchise purchased under a separate licensing agreement. This deposit is to be paid in accordance with Schedule A of the franchise agreement.
This deposit applies only when a franchisee is acquiring additional Coffee News franchises beyond their initial one. It does not apply to the first franchise purchased. The deposit is non-refundable, meaning that under most circumstances, the franchisee will not receive this money back, even if the deal falls through.
It's important to note that failure to make payments, including this deposit, according to Schedule A, within sixty days of the due date, may result in the loss of all franchises and termination of the Periodical by Coffee News, at the option of the franchisor. Prospective franchisees should carefully review Schedule A to understand the payment terms and deadlines associated with this deposit.