What is the royalty fee for a Devon Creek franchise during months 0-12 of operation?

According to Devon Creek's 2024 Franchise Disclosure Document, the royalty fee structure is based on the number of months since the franchise began operations. During the first 12 months (months 0-12), a Devon Creek franchisee will pay a royalty fee of 4% of the Gross Revenue generated weekly by their franchise.

After the initial 12 months, the royalty fee changes. From months 13-24, the royalty fee increases to 5% of weekly Gross Revenue. After month 25, the royalty fee further increases to 6% of the weekly Gross Revenue.

In addition to the percentage-based royalty fee, Devon Creek also requires a minimum annual royalty payment. For the first 12 months, the minimum annual royalty is $6,000. This means that even if 4% of the franchisee's weekly gross revenue does not amount to $6,000 annually, the franchisee is still obligated to pay at least that amount. This minimum increases in subsequent years.