What are the GRM/GRT payment dates for Years 3-6 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 |
| Years 3-6 $4,000 | June 30: $1,333 July 31: $1,333 August 31: $1,334 | May 31: $666 June 30: $666 July 31: $667 August 31: $667 September 30: $667 October 31: $667 | April 30: $444 May 31: $445 June 30: $444 July 31: $445 August 31: $444 September 30: $445 October 31: $444 November 30: $445 December 31: $444 |
| Years 7-10 $5,000 | June 30: $1,666 July 31: $1,667 August 31: $1,667 | May 31: $833 June 30: $833 July 31: $833 August 31: $833 September 30: $834 October 31: $834 | April 30: $556 May 31: $555 June 30: $556 July 31: $555 August 31: $556 September 30: $555 October 31: $556 November 30: $555 December 31: $556 |
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 payment schedule for years 3-6 requires a total royalty payment of $4,000 annually. Franchisees have the option to make these payments in 3, 6, or 9 installments.
If a franchisee chooses to pay in 3 installments, the payment dates are June 30th ($1,333), July 31st ($1,333), and August 31st ($1,334). For those opting for 6 installments, the payment dates are May 31st ($666), June 30th ($666), July 31st ($667), August 31st ($667), September 30th ($667), and October 31st ($667). Franchisees who choose to pay in 9 installments will make payments on April 30th ($444), May 31st ($445), June 30th ($444), July 31st ($445), August 31st ($444), September 30th ($445), October 31st ($444), November 30th ($445), and December 31st ($444).
It is important for prospective Beverly Anns Cookie franchisees to note that they can select their preferred installment payment schedule each year, but must do so before the annual convention. If no selection is made, Beverly Anns Cookie will choose the schedule for the franchisee. This flexibility allows franchisees to manage their cash flow according to their business needs, but requires proactive decision-making to avoid having a payment schedule imposed upon them.