What is the non-refundable deposit for additional Coffee News franchises granted under a separate licensing agreement?
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)
According to Coffee News's 2025 Franchise Disclosure Document, if a franchisee wishes to acquire additional Coffee News franchises under a separate licensing agreement, they must pay a non-refundable deposit of $7,000.00. This deposit is to be paid in accordance with Schedule A of the agreement.
This non-refundable deposit means that regardless of whether the additional franchise agreement is finalized or if the franchisee later decides not to proceed with the additional franchise, the $7,000.00 will not be returned. This is a financial risk that prospective franchisees should carefully consider before committing to expanding their Coffee News business.
Franchisees should review Schedule A of the Franchise Agreement to fully understand the payment terms and conditions associated with this deposit. Understanding the payment schedule and any potential implications of failing to meet those obligations is crucial for managing their investment effectively.