What is the amount of the Loan fee associated with the Promissory Note for Beverly Anns Cookie?

According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, a franchisee who obtains a loan through Eagle Financial Services, Inc. will be subject to a loan fee. Specifically, the FDD states that the loan fee is $200.00, and it is payable from the loan proceeds. This fee is nonrefundable, even if the franchisee prepays the note before the scheduled maturity date.

This means that if a franchisee borrows money to finance their Beverly Anns Cookie franchise, they should expect to pay this $200 loan fee. It is important to note that this fee is taken directly from the loan amount, reducing the amount of funds actually received by the franchisee.

Franchisees should factor this non-refundable fee into their financial planning and consider it as part of the overall cost of borrowing. Understanding all fees associated with financing is crucial for making informed decisions about the financial aspects of opening a Beverly Anns Cookie franchise.