Can the method of payment for Coffee News weekly fees be different as provided in Schedule A?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
Notwithstanding that the parties agree that any court of competent jurisdiction may modify the time period or specify geographical area of applicability in this agreement, the parties do not intend that a court be able to modify the payment terms set forth herein.
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to Coffee News' 2025 Franchise Disclosure Document, the payment terms, including weekly fees, are generally not intended to be modified by a court. While other parts of the agreement, such as restrictive covenants regarding time and region, can be adjusted if deemed unreasonable, the payment terms are meant to remain as specified in the agreement.
Specifically, the document states that weekly fees for the first hardcopy franchise are $80 per week after the initial period. For additional franchises, the weekly fee is $25 per week after the first nine months of operation, as detailed in Schedule A. There are also weekly fees for Coffee News Online services, with the Basic Service costing $25 and the Premium Service costing $50. These fees are applicable in USD, with prices for other countries based on USD conversion to local currencies.
Failure to make payments, including weekly fees, as per Schedule A, for 60 days may result in the loss of all franchises and termination of the Periodical receipt, at the franchisor's discretion. This underscores the importance of adhering to the payment schedule outlined in the agreement. Prospective franchisees should carefully review Schedule A and Item 5 of the FDD to fully understand the weekly fee structure and payment obligations.