When is the Replacement/Additional Training fee due for a Crab N Spice franchise?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
Item 6 OTHER FEES
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty | 6% of your gross | Weekly, on | See Note 1 |
| sales | Tuesday | and Note 2. | |
| Marketing Fund | 1% of your gross | Weekly, on | |
| Contribution | sales | Tuesday | |
| Market Cooperative Contribution | As determined by co-op. Currently, none. | Weekly, on Tuesday | We have the right to establish local or regional advertising cooperatives. There is no maximum on the contribution determined by the co-op. |
| Replacement / Additional Training fee | $20,000 | Prior to attending training | If you send a manager or other employee to our training program after you open, we will charge our then-c |
Source: Item 6 — OTHER FEES (FDD pages 11–14)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, the Replacement / Additional Training fee is due prior to attending training. The fee is $20,000. This fee is charged if a franchisee sends a manager or other employee to the Crab N Spice training program after the franchise location has opened.
This means that if the franchisee needs to send someone for additional training after the initial training, they will incur a significant cost. This could be due to employee turnover, the need for specialized training, or a desire to improve the skills of existing staff. The franchisee should factor this potential expense into their budget and consider the implications of employee training and development.
Franchisees should also be aware that this fee is in addition to any other costs associated with sending an employee to training, such as travel and accommodation expenses. It is important to note that the fee is the then-current training fee, so it is subject to change. Franchisees should confirm the current fee with Crab N Spice before sending anyone to training.