What is the minimum charge for Replacement Statements from Aunt Millies Bakeries?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Replacement Statements | $1.50 each, with a $5.00 minimum charge | Deducted from weekly settlement | You must pay this fee if you request us to print statements that we have previously furnished you. There is a maximum of $50 charge per calendar year for Replacement Statements. |
Source: Item 6 — OTHER FEES (FDD pages 13–15)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, franchisees may incur a fee for requesting replacement statements. The charge is $1.50 per statement. However, Aunt Millies Bakeries imposes a minimum charge of $5.00 for replacement statements. This means that even if a franchisee requests fewer than four statements (4 x $1.50 = $6.00), they will still be charged the $5.00 minimum. This fee is deducted from the franchisee's weekly settlement.
This policy is in place to cover the administrative costs associated with reprinting and furnishing statements that have already been provided to the franchisee. It is important to note that there is also a maximum charge of $50 per calendar year for replacement statements. This means that a franchisee will not be charged more than $50 in total for replacement statements within a single year, regardless of how many statements they request.
Franchisees should maintain careful records of their statements to avoid incurring these charges. If a franchisee needs a replacement statement, they should factor in the minimum charge to determine the most cost-effective way to obtain the information. For example, if they only need one statement, the $5 minimum charge makes the cost relatively high for a single document. However, if they need several statements, the per-statement cost becomes more reasonable, up to the $50 annual cap.