factual

What is the deadline for an Embassy Suites By Hilton franchisee to pay the Monthly Fees?

Embassy_Suites_By_Hilton Franchise · 2025 FDD

Answer from 2025 FDD Document

8.2.2 The Monthly Fees will be paid to us at the place and in the manner we designate on or before the fifteenth (15th) day of each month and will be accompanied by our standard schedule setting forth in reasonable detail the computation of the Monthly Fees for such month.

Source: Item 22 — CONTRACTS (FDD page 97)

What This Means (2025 FDD)

According to the 2025 Embassy Suites By Hilton Franchise Disclosure Document, franchisees are required to pay their Monthly Fees on or before the fifteenth (15th) day of each month. This payment schedule applies for each month the franchisee operates under the Franchise Agreement, including partial months and the final month of operation.

Embassy Suites By Hilton specifies that the Monthly Fees must be sent to the location and via the method designated by the company. The company may require franchisees to use wire transfers or other electronic funds transfer methods for payments, and to submit the standard schedule detailing the fee computation in electronic form. The franchisee is responsible for covering all costs associated with these electronic payment methods.

It is important for prospective Embassy Suites By Hilton franchisees to understand these payment terms and ensure they can meet the monthly deadlines to avoid potential penalties or breaches of the franchise agreement. Franchisees should also be prepared for potential changes in payment methods as directed by Embassy Suites By Hilton.

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.