When do Coffee News franchisees begin making weekly fee payments?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
e needs to pay for additional $1,000.00 to us to obtain such extension and hold Franchisee's area for such one or more months before Franchisee pays the full amount due under the Agreement.
- 2.1.4 Weekly Fees. For the first Franchise granted to Franchisee, weekly payments of:
- 2.1.4.1 for hardcopy Periodical, $80 per week beginning upon the conclusion of the Initial Period. In the case of multiple franchises granted to Franchisee under separate licensing agreements, weekly payments of $25 per week for each additional franchise purchased, to be charged for each week beginning after the first nine (9) months of Franchisee's operation in accordance with Schedule A.
- 2.1.4.2 for Coffee News Online Basic Service (as later identify and defined in Paragraph 4.5.1), $25.00 (USD) per week.
- 2.1.4.3 for Coffee News Online Premium Service (as later identified and define
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, franchisees begin making weekly fee payments after the conclusion of the Initial Period. For the first franchise, the weekly fee for the hardcopy periodical is $80. If a franchisee purchases additional franchises under separate licensing agreements, the weekly payments are $25 per week for each additional franchise, starting after the first nine months of operation, as detailed in Schedule A.
Coffee News also offers online service options that affect weekly fees. For Coffee News Online Basic Service, the weekly fee is $25.00, while the Premium Service is $50.00 per week. The FDD specifies that prices for countries outside the U.S. and Canada will be based on USD conversion to the respective local currencies.
It is important to note that failure to make weekly fee payments, or deposits for additional franchises, for a period of sixty days from the due date may result in the loss of all franchises and termination of the periodical supply, at the discretion of Coffee News. Prospective franchisees should carefully review Schedule A and Item 5 of the Franchise Disclosure Document, as referenced in Item 23, for a more comprehensive understanding of the weekly fee structure and payment terms.