When is the late fee for Carbones Pizzeria due?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| (Column 1) Type of Fee1 | (Column 2) Amount | (Column 3) Due Date | (Column 4) Remarks |
|---|---|---|---|
| Late Fee | 1.5% per month from date due, not to exceed the highest rate of interest allowed by law. | Upon demand | This fee is imposed by us if you do not pay amounts you owe us in a timely fashion. |
Source: Item 6 — OTHER FEES (FDD pages 8–10)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, a late fee of 1.5% per month is imposed on any amounts owed that are not paid in a timely fashion. This late fee will not exceed the highest rate of interest allowed by law.
The late fee is due "upon demand" from Carbones Pizzeria. This means that Carbones Pizzeria will notify the franchisee when a payment is late and the late fee is due.
It is important for prospective Carbones Pizzeria franchisees to understand the due dates for all fees and ensure timely payments to avoid incurring late fees. Paying close attention to the payment schedule outlined in the Franchise Agreement and maintaining open communication with Carbones Pizzeria can help prevent late payments and associated fees.