factual

For how long will Anago send monthly invoices to every client account serviced by the Unit Franchisees?

Anago Franchise · 2025 FDD

Answer from 2025 FDD Document

We will send monthly invoices to every client account serviced by your Unit Franchisees for the first 12 months and, at our discretion, indefinitely, upon an Event of Default.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 27–36)

What This Means (2025 FDD)

According to Anago's 2025 Franchise Disclosure Document, Anago will send monthly invoices to each client account that is serviced by the Unit Franchisees for the initial 12 months. After this initial period, Anago may, at its discretion, continue to send invoices indefinitely if an Event of Default occurs.

This means that for the first year of operation, Anago handles the invoicing for the clients of the Unit Franchisees. This service can be beneficial for new franchisees as it alleviates the burden of managing invoices and collections during the initial phase of their business. However, after the first year, the responsibility for invoicing may shift, unless an Event of Default occurs, in which case Anago may resume invoicing indefinitely.

An Event of Default is not defined in this section of the FDD. A prospective franchisee should clarify what constitutes an 'Event of Default' with Anago to understand the circumstances under which Anago might continue invoicing indefinitely. Understanding the conditions that trigger this extended invoicing period is crucial for financial planning and operational expectations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.