What is the maximum Payment Service Fee that a Beverly Anns Cookie franchisee might incur?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Misappropriated Brand Manual Fee(7) | Will vary under the circumstances | On demand | Our "Brand Manual" contains valuable intellectual property and trade secrets. Each franchisee will get one copy of the Brand Manual. If you lose, give away, make unauthorized copies, fail to return or otherwise misappropriate all or some of the Brand Manual, you must pay us liquidated damages according to the formula listed in Note 6 to offset the damages that we will incur as a result of this misappropriation. |
| Non-Compliance Fee | $1,000 for the first violation; $5,000 if violation is not corrected within 30 days; and $5,000 for the second violation. |
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, a franchisee may incur a Payment Service Fee if they make payments to Beverly Anns Cookie or its affiliates using a credit or debit card. This fee is intended to cover the costs associated with processing these types of payments.
The maximum Payment Service Fee that a Beverly Anns Cookie franchisee could be charged is up to 4% of the total charge. This means that if a franchisee owes Beverly Anns Cookie $1,000 and pays with a credit or debit card, they could be charged an additional $40 as a Payment Service Fee.
It is important for prospective Beverly Anns Cookie franchisees to factor this potential fee into their financial planning. Franchisees may want to consider using alternative payment methods, such as electronic funds transfer, to avoid incurring this fee. Franchisees should also be aware that Beverly Anns Cookie can change the accepted payment methods or payment frequency for any fees owed under the Franchise Agreement.