Where should a Beverly Anns Cookie franchisee check for the exact cost to title and license their GRM/GRT?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
You are required to pay all federal and state tax, title, licenses, and other costs of titling the GRM/GRT.
The estimates above include a sales (or usage) tax of an estimated 6% of the purchase price of the GRM/GRT.
The actual amount may be more depending on the tax rate in the jurisdiction where you title your GRM/GRT.
You should check with your local county clerk's office or other governmental titling office for your state's tax rate and the exact cost to title and license your GRM/GRT.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–29)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, franchisees are required to pay all federal and state tax, title, licenses, and other costs of titling the GRM/GRT (Goods, Retail, and Mobile/Goods, Retail, and Transport). The FDD includes an estimated sales or usage tax of 6% of the GRM/GRT purchase price. However, the actual amount may be higher depending on the tax rate in the franchisee's jurisdiction.
To determine the exact costs for titling and licensing their GRM/GRT, a prospective Beverly Anns Cookie franchisee should contact their local county clerk's office or other governmental titling office for their state's tax rate. This is where they can obtain the most accurate and up-to-date information specific to their location.
Checking with local authorities is a standard practice in franchising, as tax rates and licensing fees can vary significantly between different jurisdictions. By consulting these local offices, the franchisee can avoid unexpected expenses and ensure they are compliant with all applicable regulations.