Where in the Coffee News FDD is the alternative Promissory Note (Schedule C) located?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| SCHEDULE B – Promissory Note | 19 |
|---|---|
| SCHEDULE C – Promissory Note (an alternative option to Schedule B) | 22 |
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, Schedule C, which is an alternative Promissory Note to Schedule B, can be found on page 22. This is indicated in the table of contents listing the exhibits and schedules.
Schedule C itself is titled "Promissory Note (an alternative option to Schedule B)". This signifies that Coffee News offers franchisees an alternative to the standard promissory note, giving them potentially more flexible financing options.
Prospective franchisees should carefully review both Schedule B and Schedule C with their legal and financial advisors to determine which promissory note best suits their individual circumstances and financial capabilities. Understanding the terms and conditions of each option is crucial before making a commitment.