Does 360 Painting suggest pricing policies to franchisees?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
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- suggest pricing policies to the extent permissible under then current law. You will set the minimum prices you charge for the products and services you offer. We may establish maximum prices for sales promotions, to the extent permitted by law. (FA Section 9.2); and
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 27–38)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, 360 Painting may suggest pricing policies to franchisees to the extent permitted by law. However, the franchisee ultimately sets the minimum prices for the products and services they offer. 360 Painting may also establish maximum prices for sales promotions, if legally permissible.
This means that while 360 Painting can provide guidance on pricing, the franchisee has the final say on setting their prices, ensuring they can adapt to local market conditions and maintain profitability. The ability for 360 Painting to set maximum prices for promotions allows them to maintain brand consistency and prevent deep discounting that could devalue the brand.
This approach balances the need for brand consistency with the franchisee's need for autonomy in pricing decisions. It is a fairly common practice in franchising to allow franchisees to set their own prices within certain guidelines, as local market conditions can vary significantly.