factual

Where can I find a more detailed explanation of the Coffee News weekly fee?

Coffee_News Franchise · 2025 FDD

Answer from 2025 FDD Document

The Weekly fee is more fully explained in Item 5 of the Franchise Disclosure Document.

Initial fees and payments will be due upon Franchisor's completion of all pre-opening obligation.

  • 2.2 Failure to Make Payment. Unless otherwise prohibited by law, failure to make payment of either the deposit for additional or weekly fees in accordance with Schedule A for a period of sixty (60) days from the due date may result in the loss of all Franchises and termination of receipt of the Periodical by Franchisee, at the option of Franchisor.

Source: Item 23 — Receipts (FDD pages 36–118)

What This Means (2025 FDD)

According to the 2025 Coffee News Franchise Disclosure Document, a more detailed explanation of the weekly fee can be found in Item 5. Item 23 also mentions weekly fees associated with the franchise.

For the first Coffee News franchise, franchisees pay $80 per week for the hardcopy periodical after the initial period. If a franchisee purchases additional franchises, the weekly payment is $25 per week for each additional franchise, starting after the first nine months of operation, as detailed in Schedule A. For Coffee News Online, the weekly fee is $25 for the Basic Service and $50 for the Premium Service.

It is important to note that failure to make payments for additional deposits or weekly fees within 60 days of the due date, as per Schedule A, may result in the loss of all franchises and termination of the periodical supply, at Coffee News's discretion. The timing of the weekly licensing fees is designed to provide franchisees ample time to establish their region before reaching maximum licensing fees. The fees do not increase even if the franchisee operates more Coffee News publications than expected.

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.