What is the weekly technology fee for a Bimbo Foods Bakeries Distribution franchise, and what does this fee cover?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 | Column 4 | |--------------------------------|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Type of Fee | Amount Due | Due Date | Remarks | | Transfer Fee (1) | 2% of sale price | Prior to consummation of transfer to anyone (including BFBD, unless BFBD initiates the sale under Article 9 of your Agreement) | To cover administrative activities undertaken by BFBD in connection with the transfer. | | Loan Documentation | $500 | Upon loan closing | To cover lender's administrative cost of processing the loan. In addition, you will be responsible for a bank origination fee of .5% (.005) of the loan amount (for purchase of a full route). In the event that you purchase a partial route, you will be responsible for a $250 documentation fee (in lieu of the $500). There is no bank origination fee for the purchase of a partial route. | | Fee (1) | | | | | Loan Reamortization Fee (1) | $350 | When/if you prepay your loan in an amount equal to the greater of $5,000 or 25% of the then outstanding principal balance. | To cover lender's administrative cost of reamortizing the loan balance. | | Technology Fee (2) | $19.82 | Weekly | Withheld by BFBD to cover: Ongoing warranty for hand-held throughout time in service Ongoing warranty for printer throughout |
| Inventory Purchases | $2,500 - $15,000
Source: Item 6 — OTHER FEES (FDD pages 30–32)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, franchisees must pay a weekly technology fee of $19.82. This fee is withheld by Bimbo Foods Bakeries Distribution.
The technology fee covers the ongoing warranty for the handheld device and printer used in the operation of the franchise. This warranty remains in effect throughout the time the device and printer are in service.
It is important to note that this fee is non-refundable. Additionally, the FDD states that the technology fee is based on current market conditions and is subject to change, meaning the amount could increase or decrease over time.