What is the Marble Slab Creamery 60 Day Extension Fee?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
ening supervision and assistance. | | 60 Day Extension Fee | $5,000 | Upon expiration of the Site Securitization Deadline | If you do not enter into and provide us with a copy of the purchase agreement or Site Lease, as applicable, in accordance with the requirements of the | | Type of Fee | Amount | Due Date | Remarks | |------------------------------------------|--------------------|-------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | Franchise Agreement | | | | | on or before the Site | | | | | Securitization | | | | | Deadline, so long as | | | | | you are otherwise in | | | | | compliance with your | | | | | obligations under the | | | | | Franchise Agreement | | | | | and are using best | | | | | efforts to secure an | | | | | extension to the Site | | | | | Securitization | | | | | Deadline, we will | | | | | grant you a 60-day | | | | | extension to the Site | | | | | Securitization | | | | | Deadline in exchange | | | | | for your payment of a | | | | | $5,000 extension fee.
Source: Item 6 — OTHER FEES (FDD pages 23–32)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, a franchisee may be granted a 60-day extension to the Site Securitization Deadline in exchange for a $5,000 extension fee. This fee is due upon the expiration of the Site Securitization Deadline.
This extension is conditional. Marble Slab Creamery will only grant it if the franchisee is otherwise in compliance with their obligations under the Franchise Agreement and is using best efforts to secure an extension to the Site Securitization Deadline. This suggests that simply paying the fee does not automatically guarantee the extension; the franchisee must also demonstrate active efforts to secure the site.
The Site Securitization Deadline and the conditions surrounding it are important for prospective franchisees to understand. Failing to meet the initial deadline could result in the $5,000 extension fee, and failure to secure the site even after the extension could have further consequences under the Franchise Agreement.