When is the initial franchise fee due for a Coffee News franchise?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
|---|---|---|---|---|
| INITIAL FRANCHISE FEE | $9,900.00 | LUMP SUM | $500.00 FOR US TO PREPARE THE AGREEMENT; AND BALANCE AT SIGNING OF AGREEMENT | US |
Source: Item 7 — Estimated Initial Investment (FDD pages 12–14)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, the initial franchise fee of $9,900 is paid in two installments. The first payment of $500 is due when the franchisee asks Coffee News to prepare the franchise agreement. The remaining balance is due at the signing of the agreement.
Prospective franchisees should note that this initial franchise fee is non-refundable, as stated in the notes of Item 7. Coffee News does offer direct and indirect financing to purchase franchised territories, as detailed in Item 10 of the FDD. Franchisees can pay using Visa, MasterCard, or PayPal.
Understanding the payment schedule and available financing options is crucial for budgeting and planning the launch of a Coffee News franchise. The initial franchise fee is a significant part of the total investment, so knowing when each portion is due allows franchisees to manage their finances effectively.