When is the refurbishing reimbursement fee due to Burneys Sweets More?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Refurbishing Reimbursement | Our costs and expenses plus 15%. | Upon demand | If we must undertake any refurbishing work on your behalf, you will pay us our costs and expenses and an administrative fee of 15% for the total aggregate amount incurred by us. Additional interest will apply to any late payment of reimbursement. |
Source: Item 6 — OTHER FEES (FDD pages 11–17)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, the refurbishing reimbursement fee is due upon demand. If Burneys Sweets More undertakes any refurbishing work on behalf of a franchisee, the franchisee is responsible for paying Burneys Sweets More their costs and expenses, in addition to an administrative fee of 15% of the total amount incurred.
This means that if Burneys Sweets More deems refurbishing necessary and completes the work, the franchisee will receive a bill that includes not only the direct costs of the refurbishing but also an additional 15% to cover Burneys Sweets More's administrative overhead. The franchisee is then obligated to pay this amount promptly upon receiving the demand for payment.
It's important to note that late payments of the refurbishing reimbursement fee will incur additional interest charges. This underscores the need for franchisees to budget for potential refurbishing expenses and to ensure timely payment to avoid further financial penalties. Franchisees should clarify with Burneys Sweets More what constitutes "refurbishing work" and under what circumstances it would be undertaken by the franchisor rather than the franchisee.