When is the Technology Fee due for a Lees Famous Recipe franchise?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
n the Gross Sales | | | | | during the 7-day period | |
| Name of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Brand Cooperative Advertising Fund Fee(3)(4) |
Source: Item 6 — OTHER FEES (FDD pages 15–21)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, the Technology Fee is due monthly on the first Payment Date of the month. As of the FDD date, the Technology Fee is currently $100 per month. The Payment Date is not specifically defined in this section, but is referenced in relation to other fees.
Lees Famous Recipe may adjust the Technology Fee once per calendar year, providing franchisees with 60 days' notice. However, the increase is capped at 25% annually during the initial term of the Franchise Agreement. This provides some predictability for franchisees in managing their ongoing expenses.
Prospective franchisees should clarify with Lees Famous Recipe the exact definition of "Payment Date" to ensure timely payment of the Technology Fee and avoid any late charges or penalties. Understanding the payment schedule for all fees is crucial for managing cash flow and maintaining a good standing with the franchisor.