factual

What is the maximum franchise meeting fee that Cream can charge?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks 1, 2
Franchise Meeting Fee To be determined (subject to change) As incurred We may designate that attendance at a franchise meeting is mandatory for you and/or your Shopkeeper. We will charge this fee even if you or your Shopkeeper do not attend. This fee will not exceed $1,500 per person.

Source: Item 6 — OTHER FEES (FDD pages 13–17)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, Cream may require franchisees and/or their Shopkeepers to attend franchise meetings. While the exact fee is "to be determined (subject to change)", the FDD specifies that the franchise meeting fee will not exceed $1,500 per person. This fee is charged whether or not the franchisee or their Shopkeeper attends the meeting.

This means that as a Cream franchisee, you should budget for potential franchise meeting fees of up to $1,500 per person. If Cream mandates attendance, this fee is unavoidable. It is important to note that the fee is "to be determined (subject to change)", so the actual fee could be less than $1,500, but it is capped at that amount. Franchisees should confirm the current fee with Cream prior to signing the Franchise Agreement.

Franchise meeting fees are relatively common in the franchise industry. They are intended to cover the costs associated with organizing and running the meetings, which often include training, updates on brand standards, and networking opportunities. Franchisees should consider these meetings as an investment in their business, as they can provide valuable insights and support. However, it is important to weigh the cost of the meeting against the potential benefits to determine if attendance is worthwhile.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.