What installment payment options are available for certain fees for a Beverly Anns Cookie franchise?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
ervices.
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- Installment Payments. Franchisees currently have the option to pay certain fees annually or in installment payments on a three-, six- or ninth-month schedule ("Installment Payments"). If you
choose to pay in Installment Payments, your fees will be divided equally over the Installment Payment period you selected.
- Royalty. 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"):
| Time Period* | Total Royalty | GRM/GRT | Royalty Schedule (If you make 3 installment payments per year) | GRM/GRT Schedule (If you make 6 installment payments per year) | Royalty | GRM/GRT Schedule (If you make 9 installment payments per y
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, franchisees have the option to pay certain fees annually or through installment payments. These installment payments can be scheduled over a three-, six-, or nine-month period. If a franchisee chooses to pay in installments, the fees will be divided equally over the selected installment payment period. Franchisees can select their installment payment schedule each year, provided they make their selection before the annual convention; otherwise, Beverly Anns Cookie will choose the schedule for them.
Specifically, the GRM/GRT royalty can be paid in installments. For instance, during years 1-2, the total royalty is $3,000, which can be paid in three installments of $1,000 each (due June 30, July 31, and August 31), six installments of $500 each (due May 31, June 30, July 31, August 31, September 30, and October 31), or nine installments of approximately $333-$334 each (due April 30, May 31, June 30, July 31, August 31, September 30, October 31, November 30, and December 31). Similarly, for years 3-6, the $4,000 royalty can be divided into three payments of approximately $1,333-$1,334, six payments of approximately $666-$667, or nine payments of approximately $444-$445. For years 7-10, the $5,000 royalty can be divided into three payments of approximately $1,666-$1,667, six payments of approximately $833-$834, or nine payments of approximately $555-$556.
Additionally, the AE Royalty for the GRT ($2,000 annually) and GRM-A ($1,500 annually) can be paid annually or through installment payments. For any other fees that can be paid as Installment Payments, the franchisee will pay each fee in accordance with Beverly Ann's Cookie's payment policies as stated in the Brand Manual. It is important for prospective franchisees to review the Brand Manual to understand the specific payment policies for these other fees and to make their installment payment selection before the annual convention to avoid Beverly Ann's Cookie selecting the schedule for them.