When is the B Bops renewal fee due?

Question

Accepted Answer

| Late fee and interest on past due payments                              | \$200 plus interest at 1.5% per month (or, if less, the maximum rate permitted by applicable state law) on amounts past due.                                                                                                                                                                                          | As incurred.                                                                                                | Any payment not received by the Company on or before its due date is deemed to be past due. If any payment is past due, you must pay the Company, in addition to the past due amount, a late fee of |
|----------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Interest on deficiency | Interest at the rate of 1.5% | On demand by the | \$200 plus interest at the rate specified above on the past due amount from the date it was due until paid in full. The Company has a |
| in fees resulting from under reporting of gross sales; audit expense | per month (or, if less, the maximum rate permitted by applicable state law) on any deficiency determined to exist. If the amount of gross sales has been understated by more than 3%, you must pay the cost of the audit, including any travel, lodging, wages, accounting and related expenses. | Company. | right to audit your books and records for a period of five (5) years after the submission of any financial report for purposes of determining whether gross sales in your report are accurate. |
| Renewal fee | \$5,000. If relocation of the Franchise is involved as part of renewal process, an additional fee of up to \$1,000 must be paid. | Upon execution of a new franchise agreement for the renewal term. | The renewal fee must be paid for the renewal of a Franchise. |

Source: Item 6 — OTHER FEES (FDD pages 14–18)

When is the B Bops renewal fee due?

Answer from 2025 FDD Document

What This Means (2025 FDD)

Late fee and interest on past due payments	$200 plus interest at 1.5% per month (or, if less, the maximum rate permitted by applicable state law) on amounts past due.	As incurred.	Any payment not received by the Company on or before its due date is deemed to be past due. If any payment is past due, you must pay the Company, in addition to the past due amount, a late fee of
Interest on deficiency	Interest at the rate of 1.5%	On demand by the	$200 plus interest at the rate specified above on the past due amount from the date it was due until paid in full. The Company has a
in fees resulting from under reporting of gross sales; audit expense	per month (or, if less, the maximum rate permitted by applicable state law) on any deficiency determined to exist. If the amount of gross sales has been understated by more than 3%, you must pay the cost of the audit, including any travel, lodging, wages, accounting and related expenses.	Company.	right to audit your books and records for a period of five (5) years after the submission of any financial report for purposes of determining whether gross sales in your report are accurate.
Renewal fee	$5,000. If relocation of the Franchise is involved as part of renewal process, an additional fee of up to $1,000 must be paid.	Upon execution of a new franchise agreement for the renewal term.	The renewal fee must be paid for the renewal of a Franchise.