What is the total amount of the deposit required for a Coffee News franchise?
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 the 2025 Coffee News Franchise Disclosure Document, a non-refundable deposit of $7,000 is required for each additional franchise granted to a franchisee under a separate licensing agreement. This deposit is to be paid in accordance with Schedule A of the agreement.
This deposit applies only when a franchisee is purchasing additional Coffee News franchises beyond their initial one. It does not apply to the first franchise purchased. The deposit is non-refundable, meaning that under no circumstances will the franchisee receive the $7,000 back.
It is important for prospective franchisees to review Schedule A of the Franchise Agreement to understand the specific payment terms and conditions related to this deposit. Understanding the payment schedule ensures that franchisees are aware of when the deposit is due and any potential consequences for late or non-payment.