factual

What is the minimum amount required for the Market Introduction Program for Ella Cafe?

Ella_Cafe Franchise · 2024 FDD

Answer from 2024 FDD Document

EFFECTIVE DATE:
FRANCHISEE:
INFORMATION FOR NOTICES:
Address:
Telephone Number:
Email Address:
PRINCIPAL EXECUTIVE:
Address:
Telephone Number:
Email Address:
SITE SELECTION AREA Ella Coffee House of
NAME:

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2024 FDD)

According to Ella Cafe's 2024 Franchise Disclosure Document, the minimum amount required for the Market Introduction Program is $5,000. This program is designed to promote the new franchised business within 30 days prior to and 30 days after the Coffee House's opening date.

The franchisee is required to develop a grand opening advertisement plan and secure Ella Cafe's approval at least 60 days before the projected opening date. The franchisee must spend the minimum amount stated on the Summary Page of the Franchise Agreement, and as agreed in writing with Ella Cafe, over a 60-day period.

This expenditure is intended to drive awareness and customer traffic to the new Ella Cafe location during its initial launch phase. It's important for prospective franchisees to factor this cost into their initial investment and to work closely with Ella Cafe to develop an effective marketing plan that complies with the franchisor's requirements.

Disclaimer: This information is extracted from the 2024 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.