What are the GRM/GRT payment dates for Years 1-2 of a Beverly Anns Cookie franchise?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
| GRM/GRT Royalty | GRM/GRT Royalty | GRM/GRT Royalty | |
|---|---|---|---|
| Time Total Royalty | Schedule | Schedule | Schedule |
| Period* | (If you make 3 installment | (If you make 6 installment | (If you make 9 installment |
| payments per year) | payments per year) | payments per year) | |
| Years 1-2 $3,000 | June 30: $1,000 July 31: $1,000 August 31: $1,000 | May 31: $500 June 30: $500 July 31: $500 August 31: $500 September 30: $500 October 31: $500 | April 30: $333 May 31: $333 June 30: $334 July 31: $333 August 31: $333 September 30: $334 October 31: $333 November 30: $333 December 31: $334 |
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, the GRM/GRT royalty for Years 1-2 is $3,000, payable in installments. Franchisees have the option to select between three different installment schedules: 3, 6, or 9 payments per year.
If a franchisee chooses to make 3 installment payments per year, the payments are due on June 30th ($1,000), July 31st ($1,000), and August 31st ($1,000). If a franchisee chooses to make 6 installment payments per year, the payments are due on May 31st ($500), June 30th ($500), July 31st ($500), August 31st ($500), September 30th ($500), and October 31st ($500). If a franchisee chooses to make 9 installment payments per year, the payments are due on April 30th ($333), May 31st ($333), June 30th ($334), July 31st ($333), August 31st ($333), September 30th ($334), October 31st ($333), November 30th ($333), and December 31st ($334).
The franchisee must select their preferred installment payment schedule prior to Beverly Ann's Cookie's annual convention each year. If the franchisee does not make a selection before the convention, Beverly Anns Cookie will elect the payment schedule for them. This provides some flexibility for franchisees to manage their cash flow, but also requires them to be proactive in communicating their choice to the franchisor.