What is the fee for a successor agreement for a Bb.Q Chicken franchise, and how is it calculated?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.2.8 you pay to us a successor agreement fee equal to one hundred percent (100%) of our then-current initial franchise fee for a single unit franchise; and
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, a franchisee who meets certain conditions has the option to enter into a successor agreement for another ten-year term. To exercise this option, the franchisee must provide written notice between six and nine months before the end of the initial term.
Bb.Q Chicken requires that the franchisee pay a successor agreement fee equal to 100% of the then-current initial franchise fee for a single unit franchise. As of this document, the initial franchise fee is $45,000.
However, Bb.Q Chicken retains the right to deny a successor term under certain conditions, such as failure to comply with the terms of the agreement, failure to pay amounts owed, or a decision to withdraw from the marketing area where the franchise is located. The successor franchise agreement may also have materially different terms than the original, including higher fees or different calculation methods.