What is the current Missed Deadline Fee charged by Belocal?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Design Revision Fee (2) (7) (8) | Currently, between $30 (for over 15 annotations) and $80 (for over 45 annotations) | As incurred | Your Commission payment is determined, in part, by the number of design revisions you request. See Note 2. |
| For reference, the typical number of design | |||
| revisions requested through annotations is | |||
| between 3-4 per issue. | |||
| See Note 7 regarding our ability to change | |||
| certain flat fees, including the Design | |||
| Revision fee. | |||
| See Note 8 regarding a cap on the total | |||
| increase to this fee during the term of the | |||
| Franchise Agreement. | |||
| Adjustment Fee (2) (7) | Currently, $1,000 | On demand | Your Commission payment is determined, in part, by your requested changes to the layout of the Publication. See Note 2. |
Source: Item 6 — OTHER FEES (FDD pages 14–31)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the current Missed Deadline Fee is $1,000. This fee is charged if a franchisee fails to submit the required content for publishing any issue of the Belocal publication by the specified deadline. The fee is due on demand, meaning Belocal can request immediate payment.
It is important to note that this fee can be updated from time to time, with changes reflected in the Franchise Brand Standards Manual. While the current fee is $1,000, the maximum Missed Deadline Fee that Belocal may charge is $1,500 per occurrence. This means that while the standard fee is $1,000, Belocal reserves the right to increase it up to $1,500.
For a prospective Belocal franchisee, this highlights the importance of adhering to publication deadlines to avoid incurring this fee. Since the fee impacts the franchisee's commission payment, consistently missing deadlines could significantly affect profitability. Franchisees should regularly consult the Franchise Brand Standards Manual for any updates to the Missed Deadline Fee to stay informed of potential changes.