When is the Payment Service Fee due for a Beverly Anns Cookie franchisee?
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, the Payment Service Fee is due 'As incurred.' This means a franchisee will owe the fee at the time they make a payment to Beverly Anns Cookie or its affiliates using a credit card or debit card.
The Payment Service Fee is up to 4% of the total charge when paying Beverly Anns Cookie via credit or debit card. This fee covers the service costs associated with processing card payments.
As a prospective franchisee, it's important to factor this potential fee into your operating costs, especially if you anticipate making frequent payments to Beverly Anns Cookie via credit or debit card. Consider using alternative payment methods, if available, to avoid this fee.