Under what circumstances are the expenditures paid to Beverly Anns Cookie or its affiliates refundable?

According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, all expenditures paid to Beverly Anns Cookie or its affiliates are uniform and nonrefundable under any circumstances once paid. This policy covers various fees and purchases franchisees make directly to the company or its associated entities.

This nonrefundable policy has significant implications for prospective franchisees. It means that once a franchisee pays for items such as the GRM (specially equipped truck), GRT (trailer), additional equipment, initial inventory, branded merchandise, or any other fees, those payments are nonrefundable, regardless of whether the franchisee's plans change or the business does not proceed as expected. This lack of refundability is a notable risk factor that potential franchisees must consider carefully.

In contrast, expenses payable to third parties, such as utility deposits, may be refundable based on arrangements made directly between the franchisee and those third-party providers. However, payments made directly to Beverly Anns Cookie are not subject to such potential refunds. Therefore, franchisees should conduct thorough due diligence and secure financing before making any payments to Beverly Anns Cookie or its affiliates, as these funds are committed without recourse.