How many pages are dedicated to 'Client Credits' in the Anago FDD?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
Gross Revenues includes the proceeds of any business interruption insurance.
Cash refunded and credit given to Clients (except credit for missing cleaning days) and receivables uncollectible from Clients will be deducted in computing Gross Revenues to the extent that the cash, credit or receivables represent amounts previously included in Gross Revenues where Royalty Fees and other amounts were paid.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
Based on the 2025 Anago Franchise Disclosure Document, there is no specific section or dedicated number of pages explicitly titled or dedicated to 'Client Credits'. However, the topic of client credits is addressed within Item 23, which discusses 'Receipts'.
Item 23 mentions that cash refunded and credit given to clients (except for missing cleaning days) will be deducted when computing Gross Revenues, but only to the extent that the cash, credit, or receivables represent amounts previously included in Gross Revenues where Royalty Fees and other amounts were paid. This implies that Anago franchisees may issue credits to clients under certain circumstances, and these credits can affect the calculation of their gross revenues and associated fees.
Prospective Anago franchisees should carefully review Item 23 of the FDD and seek clarification from the franchisor regarding the specific policies and procedures for issuing client credits, the potential impact on their revenue and fees, and any limitations or restrictions that may apply. Understanding these details is crucial for managing client relationships and ensuring accurate financial reporting.