factual

When is the Development Fee payable to Beyond Juicery Eatery?

Beyond_Juicery_Eatery Franchise · 2025 FDD

Answer from 2025 FDD Document

ILLINOIS LAW MODIFICATIONS

    1. Payment of Initial Franchise/Development Fees will be deferred until Franchisor has met its initial obligations to franchisee, and franchisee has commenced doing business. This financial assurance requirement was imposed by the Office of the Illinois Attorney General due to Franchisor's financial condition.

Source: Item 23 — RECEIPTS (FDD pages 60–337)

What This Means (2025 FDD)

According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, the standard payment schedule for the Development Fee may not apply in all cases. Specifically, an addendum for Illinois franchisees states that payment of the Development Fee will be deferred until Beyond Juicery Eatery has fulfilled its initial obligations to the franchisee and the franchisee has started business operations. This modification is due to financial assurances required by the Illinois Attorney General's Office because of Beyond Juicery Eatery's financial condition.

This deferred payment structure is a significant benefit for franchisees in Illinois, as it reduces their upfront financial risk. Instead of paying the fee before the business is operational, they only pay once Beyond Juicery Eatery has met its obligations and the franchisee has commenced business. This arrangement provides a level of security, ensuring that the franchisee's investment is protected until the franchise is ready to operate.

However, this modification applies specifically to Illinois. Prospective franchisees in other states should anticipate paying the Development Fee according to the standard terms outlined in their agreements, which typically require payment upon signing the Area Development Agreement. It is important for all potential franchisees to carefully review any state-specific addenda to understand how these modifications may affect their payment obligations and overall agreement terms.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.