What administrative fee does Burneys Sweets More charge for refurbishing work?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition to any and all other remedies that Franchisor may have in law or in equity, Franchisee shall reimburse Franchisor for all out-ofpocket expenses incurred by Franchisor in connection with any refurbishing work performed by Franchisor pursuant to this Section 10(c), plus an administrative fee of fifteen percent (15%) of the total aggregate amount of expenses incurred by Franchisor.
In the event that Franchisee fails to reimburse Franchisor within seven (7) days of the date Franchisee is billed for all such amounts, Franchisee authorizes Franchisor to collect all amounts due, including applicable interest rates and late fees described in this Agreement, through electronic banking transfers as specified in this Agreement.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, if the franchisor performs refurbishing work, the franchisee must reimburse Burneys Sweets More for all out-of-pocket expenses. In addition to reimbursing expenses, Burneys Sweets More charges an administrative fee of fifteen percent (15%) of the total expenses incurred.
This means that if Burneys Sweets More spends $1,000 on refurbishing a franchisee's location, the franchisee would have to pay Burneys Sweets More $1,000 to cover the expenses, plus an additional $150 (15% of $1,000) as an administrative fee, totaling $1,150.
The FDD also states that if the franchisee fails to reimburse Burneys Sweets More within seven days of being billed, Burneys Sweets More is authorized to collect the amounts due through electronic banking transfers, including applicable interest rates and late fees.