factual

When is the management fee due for Big Apple Bagels franchisees?

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 is $250 per day, but is subject to increase. This fee is only 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 will then have 30 days from the date of the bill to pay the management fee. The fee covers the cost of Big Apple Bagels providing a manager to oversee the daily operations of the store.

It is important to note that the management fee is subject to increase, so the franchisee should be aware that the daily rate could change over time. Franchisees should clarify with Big Apple Bagels under what circumstances the management fee might increase and what the potential maximum fee could be. This will help them budget accordingly and avoid any unexpected costs.

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.