On what day are the Brand Fund Fees payable for a Kitchen Solvers franchise?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
- (4) In addition to local marketing, you must pay to us the monthly Brand Fund Fee as noted in the chart above. The Brand Fund Fee is currently equal to one percent (1%) of your Gross Sales. We may increase the maximum annual contribution upon 30 days' prior written notice to you. The Brand Fund Fees are payable on the same day as the monthly Royalty Fees. See Item 11 for more information on marketing.
Source: Item 6 — OTHER FEES (FDD pages 13–16)
What This Means (2025 FDD)
According to Kitchen Solvers's 2025 Franchise Disclosure Document, the Brand Fund Fees are payable on the same day as the monthly Royalty Fees. The Brand Fund Fee is currently equal to one percent (1%) of your Gross Sales. Kitchen Solvers may increase the maximum annual contribution upon 30 days' prior written notice.
For a Kitchen Solvers franchisee, this means that the payment schedule for the Brand Fund Fee is directly tied to the Royalty Fee schedule. Franchisees should ensure they understand when Royalty Fees are due to avoid any late payment penalties for the Brand Fund Fee.
It is also important to note that while the Brand Fund Fee is currently 1% of Gross Sales, Kitchen Solvers retains the right to increase this contribution with 30 days' notice. Franchisees should factor in potential increases to this fee when budgeting and forecasting their expenses. Understanding the terms and conditions related to fee payments is crucial for maintaining a healthy financial relationship with Kitchen Solvers.