What is the deposit amount 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 granted to a franchisee under a separate licensing agreement. This deposit is to be paid in accordance with Schedule A of the agreement.
This means that if a franchisee decides to expand their Coffee News business by acquiring additional franchise locations, they must pay a $7,000 non-refundable deposit for each new franchise. This deposit secures the additional franchise and is separate from other fees associated with starting and operating the new location.
It's important to note that this deposit applies only to additional franchises purchased under separate agreements, not the initial franchise. The FDD also mentions that failure to make payments, including this deposit, per Schedule A, within 60 days of the due date may result in the loss of all franchises and termination of the Periodical receipt, at Coffee News's option. Prospective franchisees should carefully review Schedule A to understand the specific payment terms and deadlines for this deposit.