When are initial fees and payments for a Coffee News franchise due?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
is more fully explained in Item 6.
Initial fees and payments will be due in full upon our completion of all pre-opening obligations.
ITEM 6
OTHER FEES
| Name of Fee | Amount | Due Date | Remarks | |---|---|---|---| | Weekly - Initial Franchise for hardcopy Periodical (See note 1) | $80 | fee begins on the first day of the third month following the month the initial franchise agreement was signed ("the fourth month of the agreement") and continues monthly | paid to us by credit / debit cards, check, or by PayPal | | Name of Fee Weekly - Additional Franchises for hardcopy Periodical | Amount $25 / additional franchise | Due Date the fee on the first 5 additional franchises is due to us on the first day of the tenth month following the month the initial franchise agreement was signed (i.e., the | Remarks paid to us by credit / debit cards, check, or by PayPal | | (agreed to upon signing the initial franchise agreement) | | tenth month of the agreement) and every 6 months thereafter for each additional group of 5 or less franchises. | | | Initial - Additional Franchises (agreed to after signing the initial franchise agreement) | $7,000.00/ additional franchises | the fee on the additional franchises is due at the signing of the agreement. | paid to us directly when due | | Coffee News Online Basic Service | $25.00 | The fee is due to us on the first day of the month following the prior month services | paid to us by credit / debit cards, check, or by PayPal | | Coffee News Online Premium Service | $50.00 | The fee is due to us on the first day of the month following the prior month services | paid to us by credit / debit cards, check, or by PayPal | | Transfer Fee | $2,900.00 | The fee is due by the transfer closing date. | paid to Coffee News College when due | This schedule is designed to allow you ample time to put your entire territory into operation before you reach the maximum weekly fee requirement. See Note 1.
After every 6 months, you have the option to return the remainder of your franchise if you are unable to put the franchises into operation. If your franchises are not in operation but you desire to maintain possession of the franchises, you may pay the next level of weekly fees. There are no other fees, including no additional initial or renewal fees and no fees for transfer of ownership or interest in your franchise(s).
All fees are imposed and collected by us.
All fees mentioned above are non-refundable.
All fees are uniformly applied.
No franchisor-owned outlets have controlling voting power to disclose the maximum and minimum fees that may be imposed.
We reserve the right to adjust the weekly fees based on the annual change, in the March of each year, consumer price index.
Note:
- For example, if the agreement is signed 3/1/25 for 6 franchises, $9,900.00 is paid immediately for the initial franchise and $35,000.00 is paid immediately for the five additional franchises. The weekly fee of $80 begins on 6/1/25 and the weekly fee of $25 additional franchise begins 12/1/25.
Source: Item 5 — Initial Fees (FDD page 10)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, all initial fees and payments are due in full upon Coffee News's completion of all pre-opening obligations under the franchise agreement. The initial franchise fee for the first franchise is $9,900, with $500 due for document preparation upon signing the initial franchise agreement. The remaining balance of the initial franchise fee is due upon signing the agreement. For each additional franchise, a fee of $7,000 is due at the time of signing the agreement for the additional franchise(s).
If a franchisee chooses to add the Coffee News Online feature, a one-time enrollment fee of $100 is due upon enrollment. If a franchisee wishes to postpone the start date of the business by one month or more after receiving the initially executed franchise agreement, an additional $1,000 is due to Coffee News to obtain the extension and hold the licensed area.
There are no other initial fees or payments required for services or goods before the date of the agreement. The date of the agreement is considered the date of opening the franchise business. Three months after opening, a franchisee will pay a required weekly fee for the continued receipt of copy or content for the periodical. The weekly fee for the initial franchise for the hardcopy periodical is $80, beginning on the first day of the third month following the month the initial franchise agreement was signed. For additional franchises for the hardcopy periodical, the weekly fee is $25 per additional franchise, due on the first day of the tenth month following the month the initial franchise agreement was signed.