Are there any other initial fees or payments required for Coffee News before the date of the agreement?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
0.00 shall be paid upon enrollment.
There are no other initial fees or payments required for services or goods before the date of the agreement. The date of the agreement is considered your date of opening your franchise business. Three months after your opening you will pay a required weekly fee for the continued receipt of copy or content for your periodical. The weekly fee is more fully explained in Item 6.
Initial fees and payments will be due in full upon our completion of all pre-opening obligations.
ITEM 6
OTHER FEES
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Weekly - Initial Franchise for hardcopy Periodical (See note 1) | $80 | fee begins on the first day of the third month following the month the initial franchise agreement was signed ("the fourth month of the agreement") and continues monthly | paid to us by credit / debit cards, check, or by PayPal |
| Name of Fee Weekly - Additional Franchises for hardcopy Periodical | Amount $25 / additional franchise | Due Date the fee on the first 5 additional franchises is due to us on the first day of the tenth month following the month the initial franchise agreement was signed (i.e., the | Remarks paid to us by credit |
Source: Item 5 — Initial Fees (FDD page 10)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, besides the initial franchise fee, there are generally no other required initial fees or payments for services or goods before the date of the agreement. The date of the agreement is considered the date of opening the franchise business. However, there are a couple of exceptions.
First, if a prospective Coffee News franchisee chooses to add the Coffee News Online feature, a one-time enrollment fee of $100 is due upon enrollment. Second, if the franchisee wishes to postpone the business start date by one month or more after receiving the initially executed franchise agreement, an additional fee of $1,000 is required to obtain such an extension and hold the proposed licensed area. These fees are non-refundable.
It is important to note that all initial fees and payments owed by franchisees are due in full upon Coffee News's completion of all pre-opening obligations under the franchise agreement. This means that while the agreement date marks the start of the franchise, the actual payment of fees is tied to the franchisor fulfilling their pre-opening responsibilities.