factual

When is the management fee due to Big Apple Bagels?

Big_Apple_Bagels Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
Management Fee $250 per day. Subject to increase. 30 days after billing. Payable if BAB appoints a manager for the Store when the Store is not being managed by you or a qualified manager.

Source: Item 6 — OTHER FEES (FDD pages 21–25)

What This Means (2025 FDD)

According to Big Apple Bagels's 2025 Franchise Disclosure Document, the management fee is due 30 days after billing. This fee, which is $250 per day and subject to increase, becomes payable if Big Apple Bagels appoints a manager for the store when the franchisee or a qualified manager is not managing the store.

This means that a Big Apple Bagels franchisee will only incur this fee if they are unable to manage their store themselves or find a qualified manager to do so, and Big Apple Bagels steps in to provide a manager. The franchisee has 30 days from the date of the bill to remit payment to Big Apple Bagels.

It is important for prospective franchisees to understand the circumstances under which this management fee may be applied and to factor this potential cost into their financial planning. Additionally, franchisees should be aware that the $250 per day fee is subject to increase, which could further impact their expenses if Big Apple Bagels needs to appoint a manager for their store.

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.