How is the royalty fee amount determined for a Benjamin Franklin Plumbing franchise?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.2. Royalty.
Beginning at the earlier of the Opening Deadline or when the Franchised Business opens, you are required to pay us an ongoing royalty fee in the amount shown in the Brand Appendix ("Royalty Fee").
Unless we designate a different period, the Royalty Fee will be paid on the schedule shown in the Brand Appendix.
Source: Item 23 — RECEIPTS (FDD pages 88–312)
What This Means (2025 FDD)
According to the 2025 Benjamin Franklin Plumbing Franchise Disclosure Document, the royalty fee is determined by the amount shown in the Brand Appendix. Franchisees are required to begin paying this ongoing royalty fee at the earlier of the Opening Deadline or when the Franchised Business opens. Unless Benjamin Franklin Plumbing designates a different period, the royalty fee will be paid on the schedule shown in the Brand Appendix.
It is important for prospective franchisees to carefully review the Brand Appendix to understand the specific royalty fee amount and payment schedule applicable to their Benjamin Franklin Plumbing franchise. This information is crucial for financial planning and ensuring timely payments to avoid potential penalties or other consequences outlined in the franchise agreement.
In addition to the royalty fee, Benjamin Franklin Plumbing franchisees are also required to contribute to the Brand Fund and pay technology fees, as specified in the Brand Appendix. These fees are typically calculated and paid in the same manner as the royalty fee, further emphasizing the importance of understanding the details provided in the Brand Appendix. Franchisees must also use the payment methods designated by Benjamin Franklin Plumbing for all amounts payable to them.