What were the royalties for B Bops for the year ended December 31, 2021?

According to B Bops' 2025 Franchise Disclosure Document, the transaction price for royalty fees is determined to be 5% of the gross sales of the franchise each month. This means that each B Bops franchisee is obligated to pay 5% of their monthly gross sales to the company as a royalty fee.

For a prospective franchisee, this indicates an ongoing expense that will impact their profit margin. It is crucial to factor this 5% royalty fee into financial projections and business plans to accurately assess the potential profitability of a B Bops franchise.

While the FDD specifies the royalty rate, it does not provide the total amount of royalties B Bops collected across all franchises for the year ended December 31, 2021. To get a better understanding of the royalty amounts typically paid, a prospective franchisee should consider asking B Bops for the average gross sales figures of existing franchises and calculate the corresponding royalty payments. This will provide a clearer picture of the financial obligations involved in operating a B Bops franchise.