To whom is the postponement of opening date fee paid for a Coffee News franchise?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
ENT**
YOUR ESTIMATED INITIAL INVESTMENT2
| 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; |
Source: Item 7 — Estimated Initial Investment (FDD pages 12–14)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, a franchisee who requests to postpone their opening date for one month or more will pay a fee to "US". In this context, "US" refers to the Coffee News franchisor. This fee can range from $0.00 to $1,000.00 and is due upon the franchisee's request to postpone their start date.
This postponement fee is part of the initial investment a franchisee must consider. It is important to note that all fees mentioned in Item 7 of the FDD, including the postponement fee, are non-refundable. This means that if a franchisee pays the postponement fee and subsequently cancels or does not proceed with the franchise, they will not receive a refund of this fee.
Prospective Coffee News franchisees should carefully consider the potential need for postponement and factor this potential cost into their initial budget. Understanding that the fee is non-refundable is crucial for financial planning. Franchisees should also inquire about the specific circumstances under which a postponement fee might be charged and whether there are any exceptions or waivers available.