When is the fee for in-person support from Crab N Spice due?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Our then-current fee, | On demand | If we provide in-person support to you in | |
| plus our expenses. | response to your request, we may charge | ||
| Currently, $500 per | this fee plus any out-of-pocket expenses | ||
| day. | (such as travel, lodging, and meals for | ||
| employees providing onsite support). |
Source: Item 6 — OTHER FEES (FDD pages 11–14)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, if a franchisee requests in-person support, Crab N Spice may charge a fee plus expenses. The fee is due 'On demand'. Currently, this fee is $500 per day, in addition to covering any out-of-pocket expenses Crab N Spice incurs, such as travel, lodging, and meals for the employees providing the support.
This means that a Crab N Spice franchisee needing on-site assistance from the franchisor should be prepared to pay $500 per day for the support, plus all associated travel and accommodation costs for the Crab N Spice personnel. The franchisee will be expected to pay this amount when Crab N Spice demands it.
It is important for prospective franchisees to factor in these potential costs when assessing the financial viability of the franchise. Understanding the circumstances that might require in-person support and estimating the potential frequency and duration of such support can help in budgeting and financial planning. Franchisees should also clarify with Crab N Spice what specific situations warrant in-person support and if there are alternative, less costly solutions available, such as remote assistance.