When is the Development Fee due for an Area Development Agreement with Beyond Juicery Eatery?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Note 14 Based on a Development Schedule of five (5) to ten (10) Restaurants. If you sign an Area Development Agreement, you must develop an agreed-upon number of Restaurants
within the Development Territory within a certain Development Schedule. You must pay a Development Fee of $20,000 (or $10,000 if you are eligible and receive the veteran discount) multiplied by the number of Restaurants that you agree to develop in the Development Territory. You must pay the Development Fee in full when you sign the Area Development Agreement. The Development Fee is payable for the reservation of future development rights in the Development Territory and is not refundable under any circumstances. You will sign a separate franchise agreement in our then-current form, the terms and conditions of which may be materially different than the Franchise Agreement attached as Exhibit B, for each Restaurant opened according to the Development Schedule and pay the nonrefundable then current Initial Franchise Fee.
Note 15 You will pay the then-current Initial Franchise Fee each time you execute a Franchise Agreement. However, we will credit $20,000 (or $10,000 if you received the veteran discount) against the then-current Initial Franchise Fee for each Restaurant you develop under the Area Development Agreement. We will grant additional franchises unde
Source: Item 5 — INITIAL FEES (FDD pages 15–16)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, the Development Fee is due in full when you sign the Area Development Agreement. The Development Fee is $20,000 multiplied by the number of restaurants you agree to develop in the Development Territory. However, if you are eligible and receive the veteran discount, the Development Fee is $10,000 multiplied by the number of restaurants you agree to develop in the Development Territory.
This means that a prospective franchisee entering into an Area Development Agreement with Beyond Juicery Eatery must be prepared to pay the entire Development Fee upfront upon signing the agreement. This fee secures the rights to develop a specified number of restaurants within a defined territory. The agreement will include a development schedule of when the restaurants are expected to open.
Beyond Juicery Eatery will credit $20,000 (or $10,000 if you received the veteran discount) against the then-current Initial Franchise Fee for each Restaurant you develop under the Area Development Agreement. The Development Fee is non-refundable under any circumstances.