Is the deposit for a Coffee News franchise refundable?
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, the deposit for additional franchises is non-refundable. Specifically, for any additional franchises granted to a franchisee under a separate licensing agreement, a non-refundable deposit of $7,000.00 is required, to be paid in accordance with Schedule A. This means that if a franchisee decides to expand their Coffee News business by acquiring additional franchise locations, the initial deposit for each of those additional locations will not be returned under any circumstances.
This non-refundable deposit for additional franchises is an important consideration for existing Coffee News franchisees looking to grow. Unlike some franchise systems where initial deposits might be partially or fully refundable under certain conditions, Coffee News' policy is firm. The franchisee should factor this $7,000 non-refundable deposit into their financial planning when considering expansion.
It is important to note that the FDD excerpt only specifies that the deposit for additional franchises is non-refundable. The document does not explicitly state whether the initial deposit for a first Coffee News franchise is refundable or non-refundable. A prospective franchisee should clarify the refundability of the initial franchise fee with Coffee News prior to signing any agreements.