By what day of the month does Anago deduct the Royalty Fee, Administration Fee, Advertising Contributions, Insurance Fee, and C-Fee?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
The Royalty Fee, Administration Fee, Advertising Contributions, Insurance Fee and C-Fee
will be deducted by Us by the 20th day of each month during the Term for the Gross Revenues derived during the previous month. We will mail You a check of the net Gross Revenues within 5 days after making the deductions. You will be paid up to the last day of actual service to the Client if the Account is lost or transferred. All other amounts due to Us from You will be paid at this time. If no time is specified, these amounts are due upon receipt of an invoice from Us. Any payment We do not actually receive on or before the due date is overdue.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the Royalty Fee, Administration Fee, Advertising Contributions, Insurance Fee, and C-Fee will be deducted by Anago by the 20th day of each month during the term of the agreement. These deductions are based on the Gross Revenues derived during the previous month. After making these deductions, Anago will mail a check of the net Gross Revenues to the franchisee within 5 days.
This means that as an Anago franchisee, you can expect these fees to be automatically deducted from your revenues each month, simplifying the payment process. It is important to maintain accurate records of your Gross Revenues to ensure that the deductions are calculated correctly. The franchisee will be paid up to the last day of actual service to the Client if the Account is lost or transferred.
Franchisees should be aware that all other amounts due to Anago from the franchisee will be paid at this time. If no time is specified, these amounts are due upon receipt of an invoice from Anago. Any payment Anago does not actually receive on or before the due date is overdue. This highlights the importance of timely payments and maintaining good financial standing with Anago to avoid any late fees or penalties.