What is the GRM/GRT Royalty Schedule for 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 |
| (plus any | |||
| interim | |||
| period | |||
| between | |||
| franchise | |||
| agreements, | |||
| if | |||
| applicable) |
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 royalty schedule varies based on the number of installment payments made per year. For years 1-2, the total royalty is $3,000. If a franchisee makes 3 installment payments per year, the payments are $1,000 due on June 30, July 31, and August 31. If 6 installment payments are made, the payments are $500 due on May 31, June 30, July 31, August 31, September 30, and October 31. If 9 installment payments are made, the payments are $333 due on April 30, May 31, June 30, July 31, August 31, September 30, October 31, November 30, and December 31, with a final payment of $334 on June 30.
For years 3-6, the total royalty is $4,000. With 3 installment payments, the schedule is $1,333 due on June 30, July 31, and $1,334 on August 31. With 6 installment payments, the schedule is $666 due on May 31, June 30, $667 due on July 31, August 31, September 30, and October 31. With 9 installment payments, the schedule is $444 due on April 30, May 31, June 30, July 31, August 31, September 30, October 31, November 30, and $444 due on December 31.
For years 7-10 (plus any interim period between franchise agreements, if applicable), the total royalty is $5,000. If a franchisee makes 3 installment payments per year, the payments are $1,666 due on June 30, and $1,667 due on July 31 and August 31. If 6 installment payments are made, the payments are $833 due on May 31, June 30, July 31, August 31, and $834 due on September 30 and October 31. If 9 installment payments are made, the payments are $556 due on April 30, June 30, August 31, October 31, and December 31, and $555 due on May 31, July 31, September 30, and November 30. The royalty must be paid beginning on the opening date of the Beverly Ann's Business and continuing for the term of the Franchise Agreement.