For Aunt Millies Bakeries, when does the payment timeframe begin, regardless of the amount of equity?

According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the payment timeframe for equity begins 30 days after closing, irrespective of the equity amount. The payment schedule varies based on the amount of equity. If the equity is less than or equal to $10,000, the payment is made 30 days after closing. For equity greater than $10,000 but less than or equal to $50,000, payments are made evenly at 30, 60, and 90 days, starting 30 days after closing.

If the equity is greater than $50,000 but less than or equal to $100,000, payments are made evenly at 30, 60, 90, 120, 150, and 180 days, starting 30 days after closing. For equity greater than $100,000 but less than or equal to $200,000, payments are made in equal monthly installments over 12 months, beginning 30 days after the closing date. Finally, if the equity is greater than $200,000, payments are made in equal monthly installments over 24 months, starting 30 days after the closing date.

This standardized payment schedule provides clarity for franchisees selling or transferring their distribution rights, ensuring they receive their equity in a structured manner. The tiered approach acknowledges the varying financial scales of different franchise operations, offering payment timelines that correspond to the equity involved. This arrangement helps in financial planning for both Aunt Millies Bakeries and its franchisees during transitions.