factual

When is the Belocal Management Fee due?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee(1) Amount Due Date Remarks
Management Fee 45% of monthly Cash Received, plus any expenses we incur in managing the Franchised Business Monthly Only payable in the event we must operate your franchise due to death, disability, defaults etc. The Management Fee is in addition to other fees due to us.

Source: Item 6 — OTHER FEES (FDD pages 14–31)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the Management Fee is due monthly. This fee is calculated as 45% of monthly Cash Received, in addition to any expenses Belocal incurs while managing the Franchised Business.

However, it's important to note that this fee is only payable if Belocal has to operate the franchise due to specific circumstances. These circumstances include events such as the franchisee's death, disability, or default.

For a prospective Belocal franchisee, this means the Management Fee is not a standard, ongoing fee. It is only triggered under the specific conditions outlined in the FDD, where Belocal steps in to manage the business. It is also important to note that the Management Fee is in addition to any other fees that may be due to Belocal.

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.