What was the total amount of royalty payable for Bb.Q Chicken in 2022?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Company of $3,567,619, and loan payable of $2,000,000 to the Parent Company with annual interest rate of 4.6%.
- c. Total royalty expenses to the Parent Company are $3,029,997 and $3,351,968 for the year ended December 31, 2024 and 2023, respectiv
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the total royalty expenses to the Parent Company were $3,351,968 for the year ended December 31, 2023. The document also states that the company had royalty payable to the Parent Company of $3,567,619 as of December 31, 2024.
While these figures provide insight into the royalty expenses and payables for 2023 and 2024, the specific amount of royalty payable for Bb.Q Chicken in 2022 is not explicitly stated in this excerpt. The excerpt does detail related-party transactions, including purchases from the Parent Company and royalty payments, but it does not provide the exact figure requested for 2022.
To obtain the specific royalty payable amount for 2022, a prospective franchisee should directly request this information from Bb.Q Chicken. Understanding the trend in royalty payments over several years, including 2022, 2023, and 2024, can help a franchisee forecast expenses and assess the financial relationship between Bb.Q Chicken and its parent company.