What is the length of the initial period covered by the non-refundable deposit for a Coffee News franchise?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
(USD) per week.
- 2.1.4.4 prices for all other countries in addition to the U.S. and Canada shall be based on USD conversion to the respectful local currencies.
- 2.1.5 Additi
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
Based on the 2025 Coffee News Franchise Disclosure Document, the length of the initial period covered by the non-refundable deposit is not explicitly stated. However, the document does mention that for any additional franchises granted to a franchisee under a separate licensing agreement, there is a non-refundable deposit of $7,000.00 to be paid in accordance with Schedule A.
While the FDD does not specify the exact duration of the initial period associated with this deposit, it does indicate that the deposit is non-refundable. This means that under most circumstances, the franchisee will not receive this money back, regardless of how long the initial period lasts.
Prospective Coffee News franchisees should carefully review Schedule A of the Franchise Agreement, as it likely contains the details regarding the payment schedule and any conditions related to the non-refundable deposit. It would be prudent to discuss the specifics of the initial period and the circumstances under which the deposit is retained by Coffee News with the franchisor before signing the agreement.