By what day of the month are all monthly payments and contributions due to Ben Jerrys?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
- 4.5 All monthly payments and contributions required under this Section 4 shall be paid by the fifteenth (15th) day of each month, calculated on the Gross Sales for the preceding calendar month in the manner specified by BEN & JERRY'S from time to time.
Concurrent with such payments, OPERATOR shall submit to BEN & JERRY'S any reports or statements required under Section 11.3 below.
For any payments required under Section 4 or 12, OPERATOR shall, if requested by BEN & JERRY'S, make each such payment by separate cashier's check or shall establish an arrangement for electronic funds transfer or deposit of any payments required under Sections 4 or 12.
OPERATOR shall comply with the payment and reporting procedures specified by BEN & JERRY'S in the Manual or otherwise in writing.
Source: Item 22 — CONTRACTS (FDD pages 133–134)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, all monthly payments and contributions are due by the 15th day of each month. These payments are calculated based on the Gross Sales from the preceding calendar month, following the specific methods Ben & Jerry's outlines. Franchisees must also submit any reports or statements required under Section 11.3 concurrently with these payments.
Ben & Jerry's may request that franchisees make these payments via separate cashier's check or through an electronic funds transfer arrangement. This ensures secure and verifiable transactions. Franchisees are expected to adhere to the payment and reporting procedures detailed in the Ben & Jerry's manual or other written communications to maintain compliance.
Late payments are subject to interest charges. Any payment, contribution, statement, or report not received by Ben & Jerry's by the due date is considered overdue. Overdue amounts incur interest at a rate of 1.5% per month, or the maximum rate permitted by law, calculated from the original due date until the payment is made. Additionally, if a payment submitted by check is returned or dishonored, the franchisee must pay an additional fee to cover any charges Ben & Jerry's incurs as a result.