What are 'Shared Fees' for a Burneys Sweets More franchise?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
- (iv) Shared Fees.
Franchisor reserves the right to have suppliers bill it or an affiliate for goods and services that benefit the network of BURNEY'S SWEETS & MORE franchisees.
Franchisee agrees to pay Franchisor Franchisee's pro rata share of the costs and fees of these goods and services.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Burneys Sweets More FDD, Shared Fees are costs and fees for goods and services that benefit the entire network of Burneys Sweets More franchisees. The franchisor reserves the right to have suppliers bill the franchisor or an affiliate for these goods and services.
As a Burneys Sweets More franchisee, you are responsible for paying your pro rata share of these Shared Fees. This means the fees are divided among franchisees, presumably based on factors like sales volume or number of locations. The FDD does not specify how the pro rata share is calculated.
It is important for a prospective franchisee to understand what goods and services are covered by these Shared Fees, how the pro rata share is determined, and how frequently these fees are assessed. This information would help in forecasting expenses and understanding the overall cost of operating a Burneys Sweets More franchise.