Where in the Coffee News Franchise Agreement can I find information about postponement fees?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
ne"). A onetime enrollment fee to participate publication of Coffee News Online, in the amount of $100.00 for Chil Consulting and $75.00 for Shadowfox Design, shall be paid upon enrollment.
- 2.1.3 Postponement Fees. In the event that Franchisee wishes to postpone the start date of Franchisee's business by one month or more, Franchis
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, information regarding postponement fees can be found in the Franchise Agreement under Item 23, Receipts. Specifically, section 2.1.3 addresses postponement fees.
If a Coffee News franchisee wishes to postpone their business's start date by one month or more, they must pay Coffee News an additional $1,000. This fee allows the franchisee to extend the start date and ensures that Coffee News will hold the franchisee's designated area during the postponement period. This fee is required before the franchisee pays the full amount due under the Franchise Agreement.
This postponement fee is an important consideration for prospective Coffee News franchisees as it adds to the initial investment if they are not ready to begin operations immediately after signing the agreement. Franchisees should carefully plan their launch timeline to avoid incurring this additional cost. It is also important to note that this fee is in addition to the initial franchise fee and other pre-opening expenses.