When are the monthly earnings reports due for a Buns On Fire franchise?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty | 6% of Gross Revenue2 | Payable monthly. This will be collected as of the first week of the month. | Royalty Fees are payable by automatic debit, and funds must be made available in your account for withdrawal. All monthly earnings reports are due by the fifth of each month for the previous month. |
| Proprietary Marketing Fund | 1% of Gross Revenue | Payable monthly. This will be collected as of the first week of the month. | We will use this to cover, among other things, collection of customer data, customer feedback and mystery shopping. Royalty Fees are payable by automatic debit, and funds must be made available in your account for withdrawal. All monthly earnings reports are due by the fifth of each month for the previous month. |
Source: Item 6 — OTHER FEES (FDD pages 12–16)
What This Means (2025 FDD)
According to Buns On Fire's 2025 Franchise Disclosure Document, monthly earnings reports are due by the fifth of each month for the previous month. This requirement is tied to the royalty and proprietary marketing fund fees, which are both calculated as a percentage of gross revenue. Specifically, the royalty fee is 6% of gross revenue, and the proprietary marketing fund fee is 1% of gross revenue. These fees are payable monthly and are collected as of the first week of the month via automatic debit.
This means that a Buns On Fire franchisee must ensure that funds are available in their account for withdrawal at the beginning of each month to cover these fees. Additionally, franchisees must compile and submit their earnings reports promptly to allow Buns On Fire to accurately calculate and collect the correct amounts. The due date applies to all franchisees in the Buns On Fire system, as the fees are uniformly imposed.
Missing the monthly earnings report deadline could lead to penalties or other enforcement actions from Buns On Fire. Franchisees should maintain accurate records of their gross revenue and ensure timely submission of reports to avoid any issues. This consistent reporting also allows Buns On Fire to monitor the financial performance of individual franchises and the overall health of the brand.