When are the payments for stands 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 |
|---|---|---|---|---|
| STANDS4 | $500.00 | AS | BY FIRST | LOCAL |
| INCURRED | PRINTING | VENDOR |
Source: Item 7 — Estimated Initial Investment (FDD pages 12–14)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, payments for stands are due to the local vendor by the first printing, as incurred. The FDD indicates that the estimated cost for stands is $500.00.
Prospective franchisees should note that the 'WHEN DUE' column specifies 'BY FIRST PRINTING' which means payment is expected at the time of the initial print run. The 'METHOD OF PAYMENT' is listed as 'AS INCURRED,' meaning payment is due when the expense arises. The payment is to be made to a local vendor.
It is important for potential Coffee News franchisees to factor this expense and payment schedule into their initial budget and cash flow projections. Ensuring timely payment to the local vendor is crucial for maintaining a good business relationship and ensuring a smooth start to operations.