factual

Under what circumstances does Belocal reserve the right to charge a missed deadline fee?

Belocal Franchise · 2025 FDD

Answer 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, Belocal reserves the right to charge a missed deadline fee if a franchisee fails to submit the content required to publish any of the Publication's issues by the applicable deadline. This deadline is communicated to the franchisee by Belocal or its affiliate. The amount of the missed deadline fee is set forth in the Franchise Brand Standards Manual, which Belocal may change from time to time at its discretion.

In practical terms, this means that Belocal franchisees must be diligent in meeting all content submission deadlines. Failure to do so can result in incurring a missed deadline fee, the specific amount of which is detailed in the Franchise Brand Standards Manual. Since Belocal can modify this fee, franchisees should stay informed of any changes to the fee schedule.

This type of fee is not uncommon in franchise systems where timely submission of materials is critical for coordinated operations and marketing. Franchisees should consider these potential fees when evaluating the overall costs and obligations of the Belocal franchise.

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.