factual

When are the Bb.Q Chicken royalty and brand development fees withdrawn each month?

Bb_Q_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

of Gross Sales.

The royalty fee and brand development fee will be withdrawn from your designated bank account by electronic funds transfer ("EFT") on the 15th of each month based on the Gross Sales for the previous month. If you do not report your Gross Sales, we may debit your account for 120% of the last royalty fee and brand

development fee that we debited. If you do not report revenues for any reporting period, then we will collect 120% of the last Royalty Fee and Brand Development Fee collected and settle the balance the next period in which you report revenue. You are required to set up authorization at your bank to allow us to electronically transfer funds from your bank account to our bank account.

Source: Item 6 — OTHER FEES (FDD pages 15–21)

What This Means (2025 FDD)

According to Bb.Q Chicken's 2025 Franchise Disclosure Document, royalty and brand development fees are withdrawn on the 15th of each month. These fees are based on the Gross Sales from the previous month and are collected via electronic funds transfer (EFT) from the franchisee's designated bank account.

Bb.Q Chicken requires franchisees to authorize these electronic transfers from their bank accounts. If a franchisee fails to report their Gross Sales, Bb.Q Chicken has the right to debit the franchisee's account for 120% of the last royalty and brand development fee that was debited. The company will settle the balance the next period in which revenue is reported.

This policy ensures consistent and timely payment of fees. It also incentivizes franchisees to accurately report their Gross Sales to avoid inflated fee deductions. Prospective franchisees should be aware of these requirements and ensure they have sufficient funds available in their designated bank account to cover these fees on the 15th of each month. They should also maintain accurate sales records to avoid any discrepancies or overcharges.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.