What is the penalty for a Burneys Sweets More franchisee not attending a scheduled required event?

According to Burneys Sweets More's 2025 Franchise Disclosure Document, if a franchisee fails to attend a scheduled required event such as conferences and other training courses, they will be charged 1% of their annual revenue for the balance of the calendar year. This penalty is outlined in the Franchise Agreement Section (a)(vi).

This means that if a Burneys Sweets More franchisee has $500,000 in annual revenue and misses a required event, they would be charged $5,000 (1% of $500,000) for the remainder of that year. This could significantly impact the franchisee's profitability, especially if the event is missed early in the calendar year, as the penalty would apply for a longer period.

Franchisees should carefully consider the attendance requirements for conferences and training courses and factor in the potential cost of non-attendance when evaluating the Burneys Sweets More franchise opportunity. It is important to note that this penalty is in addition to the franchisee being responsible for all transportation, lodging, food, and other costs incurred by any of their attendees in attending such seminars.