When is the Royalty Fee due for an Antioch Pizza Shop franchise?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee | 5% of gross revenues | Monthly on the 7th day of the calendar month; payments commence 30 days after the Antioch Pizza Shop Business opens for business | See Note 1 |
Source: Item 6 — Other Fees (FDD pages 13–17)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the Royalty Fee is due monthly on the 7th day of the calendar month. These payments will commence 30 days after the Antioch Pizza Shop Business opens for business. The royalty fee is 5% of gross revenues.
Gross revenues include all receipts from products and services, including take-out orders, delivery services, catering, and special events. Excluded from gross revenues are sales taxes paid to governmental authorities, gratuities and tips, sales of unredeemed gift cards, and refunds made in good faith to customers according to Antioch Pizza Shop's policies.
It is important to note that Antioch Pizza Shop may modify the frequency and method of payment for all fees, including the royalty fee. They may require electronic funds transfer or payment by check. Franchisees should be prepared to remit the royalty fee promptly to avoid potential penalties or breach of contract.