When is the Marble Slab Creamery securities/partnership interests in franchisee offering fee due?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
ed against taxes we otherwise owe | | Type of Fee | Amount | Due Date | Remarks | |--------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Renewal Fee (1) | 40% of then-current initial fee | 90 days before renewal | | | Renewal Fee for Satellite Restaurant | $2,500 | On signing a successor Franchise Agreement | You may enter into a successor Franchise Agreement for one additional 10-year term, if you meet certain conditions. | | Securities/ Partnership Interests in Franchisee Offering (1) | $10,000 or our reasonable costs and expenses to review offering documents, whichever is greater | On demand | If you offer securi
Source: Item 6 — OTHER FEES (FDD pages 23–32)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, the securities/partnership interests in franchisee offering fee is due on demand. This fee is triggered if a franchisee offers securities or interests in their Marble Slab Creamery business. The amount due will be $10,000 or Marble Slab Creamery's reasonable costs and expenses to review offering documents, whichever is greater.
This means that if a franchisee seeks to raise capital by selling securities or partnership interests in their franchise, Marble Slab Creamery requires payment to cover the costs of reviewing the offering documents. The 'on demand' due date indicates that Marble Slab Creamery will request payment when the need for the review arises.
Prospective franchisees should be aware of this potential cost if they plan to seek outside investment in their Marble Slab Creamery franchise. It is important to factor this fee into any financial projections or business plans involving the sale of securities or partnership interests. Franchisees should clarify with Marble Slab Creamery what constitutes 'reasonable costs and expenses' to avoid any unexpected charges.