For Big Apple Bagels, how many days after billing is the management fee due?
Big_Apple_Bagels Franchise · 2025 FDDAnswer 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' 2025 Franchise Disclosure Document, if BAB (Big Apple Bagels) appoints a manager for a store because the franchisee or a qualified manager is not managing it, a management fee of $250 per day (subject to increase) is payable. This management fee is due 30 days after billing.
This means that if Big Apple Bagels steps in to manage a store, the franchisee will be billed $250 per day for the service, and they have 30 days from the date of the bill to pay the amount due. The FDD also notes that this fee is subject to increase, so it's possible the daily rate could rise over time.
It is important for prospective franchisees to understand the circumstances under which this fee would be applied and to factor this potential cost into their financial planning. Maintaining proper management of the store is crucial to avoid incurring this additional expense.