What payment methods are currently required by Beverly Anns Cookie for fees and other amounts due?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
We currently require you to pay fees and other amounts due to us and our affiliates via electronic funds transfer ("EFT") or other similar means. You are required to complete the EFT authorization (in the form attached to this Franchise Disclosure Document in Exhibit H. We can require an alternative payment method or payment frequency for any fees or amounts owed to us or our affiliates under the Franchise Agreement. All fees are current as of the Issuance Date of this Franchise Disclosure Document. Certain fees that we have indicated may increase over the term of the Franchise Agreement. Also, any fee expressed as a fixed dollar amount is subject to adjustment based on changes to the Consumer Price Index ("CPI") in the United States. We may periodically review and increase these fees based on changes to the CPI (in addition to any other increase). We will notify you of any CPI adjustment at least 60 days before the fee adjustment becomes effective. We will implement no more than one CPI-related fee adjustment during any calendar year.
Source: Item 6 — OTHER FEES (FDD pages 15–24)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, franchisees are currently required to pay fees and other amounts due to Beverly Anns Cookie and its affiliates via electronic funds transfer (EFT) or other similar means. Franchisees must complete an EFT authorization form, which is included as Exhibit H in the Franchise Disclosure Document.
Beverly Anns Cookie retains the right to require alternative payment methods or payment frequencies for any fees or amounts owed under the Franchise Agreement. All fees are current as of the issuance date of the Franchise Disclosure Document.
Prospective franchisees should be aware that certain fees may increase over the term of the Franchise Agreement. Any fee expressed as a fixed dollar amount is subject to adjustment based on changes to the Consumer Price Index (CPI) in the United States. Beverly Anns Cookie will notify franchisees of any CPI adjustment at least 60 days before the fee adjustment becomes effective and will implement no more than one CPI-related fee adjustment during any calendar year.