When is the monthly royalty and service fee due for a B Bops franchise?

According to B Bops's 2025 Franchise Disclosure Document, the monthly royalty and service fee, which is 5% of gross sales, is due on the 20th day of each month. Gross sales include all sales, receipts, and revenues from food, beverage, and promotional items, whether in cash or credit, but exclude sales or other taxes imposed by a governmental authority.

If the royalty and service fee payment is not received by B Bops on or before the due date, it is considered past due. In addition to the past due amount, B Bops franchisees will incur a late fee of $200, plus interest at 1.5% per month (or the maximum rate permitted by applicable state law) on the past due amount from the date it was due until paid in full.

It is important for prospective B Bops franchisees to understand these payment terms and ensure timely payments to avoid late fees and potential interest charges. Franchisees should also be aware of what constitutes gross sales, as this is the base upon which the royalty is calculated. Maintaining accurate records of sales and remitting payments promptly are crucial for a B Bops franchisee to remain in good standing with the franchisor.