What is the maximum amount for the 'Annual Conference Attendance Fee' that a Mrcool franchisee may be charged?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee shall be required to pay to Franchisor an Annual Conference Attendance Fee. Franchisee agrees that if Franchisee fails to attend the Annual System Conference that Franchisor shall, nevertheless, charge and Franchisee shall pay the Annual Conference Attendance Fee – even if Franchisor waives such fee for franchisees who attend the Annual System Conference.
Source: Item 23 — RECEIPTS (FDD pages 55–263)
What This Means (2025 FDD)
According to the 2025 Mrcool FDD, franchisees are required to pay an Annual Conference Attendance Fee. Even if a franchisee chooses not to attend the Annual System Conference, Mrcool retains the right to charge, and the franchisee is obligated to pay this fee. The FDD does not specify a maximum amount for the Annual Conference Attendance Fee. Prospective franchisees should inquire about the typical range or any potential maximum for this fee to better understand the potential costs associated with attending (or not attending) the annual conference.