What does the Coffee News weekly fee cover?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
e needs to pay for additional $1,000.00 to us to obtain such extension and hold Franchisee's area for such one or more months before Franchisee pays the full amount due under the Agreement.
- 2.1.4 Weekly Fees. For the first Franchise granted to Franchisee, weekly payments of:
- 2.1.4.1 for hardcopy Periodical, $80 per week beginning upon the conclusion of the Initial Period. In the case of multiple franchises granted to Franchisee under separate licensing agreements, weekly payments of $25 per week for each additional franchise purchased, to be charged for each week beginning after the first nine (9) months of Franchisee's operation in accordance with Schedule A.
- 2.1.4.2 for Coffee News Online Basic Service (as later identify and defined in Paragraph 4.5.1), $25.00 (USD) per week.
- 2.1.4.3 for Coffee News Online Premium Service (as later identified and defined in Paragraph 4.5.2), $50.00 (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 Additional Franchises. For any additional franchises granted to Franchisee under a separate licensing agreement, a non-refundable deposit of $7,000.00 to be paid in accordance with Schedule A.
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, franchisees must pay weekly fees. For the first Coffee News franchise, the weekly fee for the hardcopy periodical is $80, starting after the initial period. If a franchisee owns multiple Coffee News franchises, the weekly fee is $25 for each additional franchise, beginning after the first nine months of operation, as detailed in Schedule A.
Coffee News also offers online services with their own weekly fees. The Coffee News Online Basic Service has a weekly fee of $25, while the Premium Service costs $50 per week. These fees are in U.S. dollars. For countries other than the U.S. and Canada, the weekly fees are based on the USD conversion to the local currency.
It is important to note that failure to pay the weekly fees for a period of 60 days may result in the loss of all franchises and termination of the periodical supply, at Coffee News's discretion. The FDD also mentions that the specifics of the weekly fee are further explained in Item 5 of the Franchise Disclosure Document.