If a Belocal franchisee fails to timely review or accept revisions, what fee might they incur?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
- E. Missed Deadline Fee and Late Revisions Fee. If Franchisee fails to submit to Franchisor or its affiliate the content required to publish any of the Publication's issues by the applicable deadline communicated to Franchisee by Franchisor or its affiliate, then Franchisor reserves the right to require Franchisee to pay Franchisor or its affiliate the then-current missed deadline fee set forth in the Franchise Brand Standards Manual, which Franchisor or its affiliates may change from time to time in their sole discretion. If Franchisee fails to timely review, make, or accept revisions to the Publication during certain stages of the publication process, then Franchisor reserves the right to require Franchisee to pay Franchisor or its affiliate the then-current late revisions fee set forth in the Franchise Brand Standards Manual, which Franchisor or its affiliates may change from time to time in their sole discretion.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, if a franchisee fails to review, make, or accept revisions to the publication during certain stages of the publication process, Belocal reserves the right to require the franchisee to pay a "late revisions fee."
The exact amount of this late revisions fee is not specified directly in this section of the FDD. Instead, the FDD states that the fee will be "the then-current late revisions fee set forth in the Franchise Brand Standards Manual." This manual is subject to change at Belocal's discretion.
This means that the cost of failing to meet revision deadlines can vary over time. A prospective Belocal franchisee should review the Franchise Brand Standards Manual carefully and inquire about the current amount of the late revisions fee to fully understand the potential financial implications of missing deadlines.