How can a 1 800 Packouts franchisee request the annual statement of the Brand Fund?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
We will prepare an annual, unaudited statement of monies collected and costs incurred by the Brand Fund and will make it available to you on written request.
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to 1 800 Packouts's 2025 Franchise Disclosure Document, 1 800 Packouts will prepare an annual, unaudited statement of monies collected and costs incurred by the Brand Fund. This statement will be made available to franchisees upon written request.
This means that as a 1 800 Packouts franchisee, you have the right to request and receive an annual statement detailing the income and expenses of the Brand Fund, which is funded by a percentage of your gross sales. The statement is unaudited, meaning it has not been verified by an independent accounting firm.
It is important for prospective franchisees to understand how the Brand Fund is managed, as a portion of their revenue contributes to it. Requesting the annual statement allows franchisees to stay informed about how their contributions are being used for advertising and marketing purposes. While 1 800 Packouts has sole discretion over these funds, franchisees have a right to see the summary of how the money is spent.