What is the GRM/GRT for a Beverly Anns Cookie franchise?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
Beginning on the opening date of your Beverly Ann's Business, and continuing for the term of this Franchise Agreement, including any interim period between franchise agreements, you agree to pay us the Royalty listed below annually in in Installment Payments ("GRM/GRT Royalty Schedule"):
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, franchisees are required to pay a royalty, referred to as the "GRM/GRT Royalty Schedule," annually, starting from the opening date of their Beverly Ann's Business and continuing for the entire term of the Franchise Agreement, including any interim periods between agreements. The specific royalty amount or schedule is not detailed in the provided excerpts.
Item 6 mentions that franchisees can choose to pay certain fees annually or in installment payments on a three-, six- or ninth-month schedule. If a franchisee qualifies to renew their Franchise Agreement and chooses to enter into a successor franchise agreement, the date for determining the GRM/GRT Royalty Schedule will be the date the initial franchise agreement was signed for the Beverly Ann's Business they are continuing to operate or acquired.
Prospective franchisees should inquire with Beverly Anns Cookie about the specific GRM/GRT royalty rates and how they are calculated. Understanding the royalty structure is crucial for assessing the financial viability of the franchise.