When do weekly payments for the hardcopy Coffee News Periodical begin?
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 pa
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, weekly payments for the hardcopy periodical are $80 per week. These payments begin upon the conclusion of the Initial Period for the first franchise granted to the franchisee.
For franchisees who purchase multiple Coffee News franchises under separate licensing agreements, the weekly payments are $25 per week for each additional franchise. These payments start after the first nine months of the franchisee's operation, as detailed in Schedule A.
It is important for prospective Coffee News franchisees to understand the timing of these weekly payments, as failure to make payments for a period of sixty days from the due date may result in the loss of all franchises and termination of the periodical supply, at the discretion of Coffee News.