What happens to fees and dues if a member resigns or is terminated from Bw Premier Collection?

According to Bw Premier Collection's 2025 Franchise Disclosure Document, if a member resigns or is terminated, all outstanding fees and dues become immediately due and payable. These fees are recognized as revenue when cash is received, regardless of the original contract term. This policy applies to all members.

This means that a franchisee who chooses to leave Bw Premier Collection or is terminated for any reason will be responsible for paying all remaining fees and dues owed under the terms of their agreement. This could include monthly fees, assessments, and annual dues that would have been payable for the remainder of the contract term. The franchisor recognizes this revenue upon receipt of payment, irrespective of when the services were initially intended to be provided.

Prospective Bw Premier Collection franchisees should carefully review the terms of their franchise agreement to understand the specific fees and dues that are subject to this policy. It is important to consider the potential financial implications of early termination, whether voluntary or involuntary, and to factor these costs into their business planning. Understanding these obligations is crucial for making an informed decision about investing in a Bw Premier Collection franchise.