factual

What is the maximum Late Revisions Fee that Belocal may charge per occurrence?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee(1) Amount Due Date Remarks
The maximum Missed Deadline Fee that we may charge is $1,500 per occurrence.
Late Revisions Fee (2) (7) Currently, $1,000 On demand Your Commission payment is determined, in part, by whether or not you timely review, make, or accept revisions to the Publication during certain stages of the publication process. See Note 2. If you fail to timely review, make, or accept revisions to the Publication during certain stages of the publication process, we may charge you a Late Revisions Fee of $1,000. The Late Revisions Fee may be updated from time to time in the Franchise Brand Standards Manual. See Note 7 regarding our ability to change certain flat fees, including the Late Revisions Fee. The maximum Late Revisions Fee that we may charge is $1,500 per occurrence.

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

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the maximum Late Revisions Fee that Belocal can charge is $1,500 per occurrence. This fee is incurred if a franchisee fails to review, make, or accept revisions to the publication in a timely manner during the publication process.

The Late Revisions Fee is currently set at $1,000, but Belocal retains the right to update this fee periodically through revisions to the Franchise Brand Standards Manual. This means that while the initial fee is $1,000, franchisees need to be aware that it could increase up to the maximum of $1,500 during the term of their franchise agreement.

Prospective Belocal franchisees should consider the potential impact of this fee on their commission payments, as these payments are determined, in part, by the franchisee's timeliness in reviewing and accepting revisions. Franchisees should also stay informed about any updates to the Franchise Brand Standards Manual to avoid unexpected charges. Understanding the circumstances that trigger this fee and maintaining open communication with Belocal can help franchisees manage and potentially avoid this expense.

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.