Does Anago assume responsibility for unpaid invoices prior to the execution date of the agreement?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
If amounts billed to the Accounts We assign to You are unpaid, You will incur the loss of nonpayment except in
instances where We have guaranteed in writing payments to You. We will take action to enforce payment at Your discretion and expense. You hereby also authorize and direct Us, at Our sole discretion, to initiate action on Our own to recover unpaid amounts of Our fees that would have been collected if the Account had paid as agreed. It is an essential part of Our record keeping that all amounts due from the Client be remitted to Us so that We can maintain accurate and timely records on the amounts due You and the failure to remit any payments received by You will result in significant additional costs to Us. Co
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
Based on the 2025 Anago Franchise Disclosure Document, Anago may guarantee payments to the franchisee in writing. Specifically, Anago acts as the agent to invoice accounts assigned to the franchisee. The franchisee forwards payments received directly from clients to Anago. Anago then invoices the accounts monthly for services and supplies rendered under the contract.
Anago withholds money due from servicing accounts for royalty fees, administration fees, advertising contributions, C-fees, note payments, and any other amounts owed to Anago or its affiliates. After withholding these fees, Anago remits the remaining collected monies to the franchisee on or before the 25th day of each month following the month in which services were rendered.
According to the FDD, the franchisee will incur the loss of nonpayment if amounts billed to the accounts assigned to them are unpaid, unless Anago has guaranteed payments to the franchisee in writing. Anago may take action to enforce payment at the franchisee's discretion and expense, or initiate action on its own to recover unpaid amounts of its fees.