When is the Burneys Sweets More renewal fee due?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee | 50% of then-current initial franchise fee. | When the transfer application is submitted. | Fee must be deposited with us on a non-refundable basis upon notification to us of a proposed transfer and prior to our undertaking any review, drafting of documents, training, or other activities. If we do not approve the transfer, the transfer fee will be returned minus our expenses incurred (including legal fees) for review and consideration of the transfer. |
| Renewal Fee | $8,500. | Upon signing a of new franchise agreement. | Payable in immediately available funds. You have the right to renew for 2 additional terms of 5 years each. |
| Audit Fee | The greater of $1,500 or actual cost of audit. | At once if audit shows 2% or greater underpayment. | You also pay the underpayment, if any. We pay for the audit if underpayment is 2% or less. |
| Collection and Interest Charges | 10% or highest lawful rate if lower. | Immediately if payments not made when due. | This charge is in addition to other remedies such as late payment fees. |
| Conferences and Conventions | $500 to $1,000. | Upon invoicing. | We reserve the right to charge you for your share of our cost to put on conferences and conventions you attend. |
| Additional Training | Standard rate of $250 per day per trainer plus out of pocket expenses and travel. Travel costs will include reimbursement for mileage at the then current IRS published rate. | 30-day notice of additional training with payment due before training class begins. | You remain responsible for paying your and your employees' lodging, transportation, and food expenses incurred for additional training. You may request additional training, or we may determine that additional training is necessary. |
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 renewal fee of $8,500 is due upon signing a new franchise agreement. This fee is payable in immediately available funds.
Burneys Sweets More grants franchisees the right to renew for two additional terms, each lasting five years. This provides an opportunity for franchisees to extend their business operations and continue benefiting from the Burneys Sweets More brand and system.
It is important for prospective franchisees to factor this renewal fee into their long-term financial planning. Understanding the timing and amount of the renewal fee allows franchisees to prepare for this expense and ensure they can continue operating their Burneys Sweets More franchise beyond the initial term.