When is the royalty fee due for a 360 Painting franchise?

According to 360 Painting's 2025 Franchise Disclosure Document, the royalty fee is due every Tuesday. The royalty is calculated as 6% of gross sales, with a minimum of $150 per week. This royalty payment is based on the previous week's gross sales.

Gross sales are defined as the total monies and receipts derived in connection with the business. However, gross sales do not include promotional allowances or rebates paid to the franchisee for purchasing products or supplies, sales, use, merchants' or other taxes measured on the basis of the gross revenues of the business imposed by governmental authorities directly on sales or use and collected from customers, if the taxes are added to the selling price of your goods and services and are in fact paid by you to the appropriate governmental authorities, or the value of any coupons duly issued and approved by you, or any bona fide discounts or customer refunds approved by us.

It is important to note that 360 Painting reserves the right to modify the amount, manner of payment, and/or timing for payment for all fees payable to them or their affiliates. However, they will not modify the amount of the Royalty Fee or the Market Fund contribution you pay to them during the initial term of your Franchise Agreement. The current amounts, manner of payment and timing for payment of all fees and costs shall be described in their Brand Standards Manual.