factual

When is the Bee Organized Technology Fee due each month?

Bee_Organized Franchise · 2025 FDD

Answer from 2025 FDD Document

"Technology Fee" shall have the meaning defined and set forth in Article 5.C. of this Agreement.

Payment Authorization: Upon the request of Franchisor and in no event not later than 30 days prior to the earlier of the Actual Opening Date or the Scheduled Opening Date, Franchisee shall execute Franchisor's designated ACH Authorization Form and such other authorization agreements, in the form proscribed by Franchisor and permitting Franchisor's direct withdrawal and/or electronic transfer of sums from Franchisee's designated business bank account, for the on-going payment of Royalty Fees and, all other

fees and sums due from Franchisee under this Agreement. As of the Effective Date, Franchisor's current ACH Authorization that must be executed and complied with by Franchisee is attached to this Agreement as Exhibit 4. Franchisor may require Franchisee to pay the Royalty Fees and other amounts due under this Agreement by means other than ACH and/or automatic debit whenever Franchisor deems appropriate, and F

Payment and Due Date: The Royalty Fee shall be calculated on a monthly basis for each respective monthly Accounting Period. Royalty Fee payments shall be paid by Franchisee to Franchisor monthly by ACH, electronic funds transfer, or as otherwise designated by Franchisor and shall be due on the 5th of each monthly Accounting Period for the preceding month, and each month thereafter throughout the entire Term of this Agreement or, such other specific day of the month that Franchisor designates from time to time or for such other period that Franchisor may designate (the "Due Date").

Source: Item 23 — RECEIPTS (FDD pages 54–218)

What This Means (2025 FDD)

According to Bee Organized's 2025 Franchise Disclosure Document, the specific due date for the Technology Fee each month is not explicitly detailed in the provided excerpts. While the document defines "Technology Fee" and mentions that franchisees will be required to pay various fees, including Royalty Fees, through methods like ACH or electronic funds transfer, it does not specify when the Technology Fee is due.

However, regarding Royalty Fees, the FDD states that payments are due on the 5th of each monthly Accounting Period for the preceding month, or on another specific day designated by the franchisor. It also mentions that the franchisor can request payment authorization for ongoing fees, including Royalty Fees, no later than 30 days prior to the earlier of the Actual Opening Date or the Scheduled Opening Date.

Therefore, a prospective Bee Organized franchisee should inquire with the franchisor about the exact due date for the Technology Fee, as well as the specific method of payment and any related authorization forms. Understanding the payment schedule for all fees is crucial for managing cash flow and ensuring compliance with the franchise agreement.

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.