Is the Beverly Anns Cookie renewal fee refundable?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
and conditions of the Successor Franchise Agreement may vary materially and substantially from the terms and conditions of this Franchise Agreement, including a higher Royalty. Each successor term will be ten years. If you are signing this Franchise Agreement as a Successor Franchise Agreement, the references to "Term" shall mean the applicable renewal term of the Successor Franchise Agreement. Except as otherwise provided in this Section, you will have no further right to operate your Franchised Business following the expiration of the successor term unless we grant you the rights to enter into another franchise agreement, in our sole discretion. If you are renewing a prior franchise agreement with us under this Franchise Agreement, the renewal provisions in your initial franchise agreement will dictate the length of the Term of this Franchise Agreement, and your remaining rights to enter into Successor Franchise Agreements, if any.
Renewal Requirements
To enter into a Successor Franchise Agreement, you must:
- 5.2.1 Notice. Notify us in writing of your desire to enter into a Successor Franchise Agreement not less than six months nor more than twelve months before the expiration of the Term;
- 5.2.2. No Defaults. Not be in default under this Franchise Agreement or any other agreement with us or any affiliate of ours at the time you send the renewal notice or the time you sign the Successor Franchise Agreement or on the date on which the term of the Successor Franchise would commence and you must not have received more than three separate written notices of default from us in the previous term;
- 5.2.3 Modifications.
Source: Item 23 — RECEIPTS (FDD pages 57–235)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Beverly Ann's Cookie does not explicitly state whether the renewal fee is refundable. However, it does outline the requirements for entering into a Successor Franchise Agreement, which involves several conditions that must be met. These conditions include providing timely notice of intent to renew, remaining in compliance with the existing Franchise Agreement, and meeting the brand's current standards for the GR Vehicle and franchised business appearance.
Beverly Ann's Cookie requires franchisees to notify them in writing of their desire to renew the franchise agreement between six and twelve months before the current term expires. Franchisees must also not be in default under the existing agreement and must not have received more than three written notices of default during the previous term.
Additionally, franchisees may need to replace, remodel, repair, or upgrade their GR Vehicle to comply with current system standards. They must also sign the Successor Franchise Agreement and a general release of claims against Beverly Ann's Cookie.
Since the FDD does not specify the refundability of the renewal fee, prospective franchisees should clarify this point with Beverly Ann's Cookie before proceeding with the renewal process. Understanding the conditions under which a refund may or may not be issued is crucial for making an informed decision.