For Anago, what period does the week run for the distribution of Client Receipts?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
After Subfranchisor receives a Client payment and deposits that payment into the designated Anago Escrow Account, Franchisor will: (i) distribute to Subfranchisor once per week, on Wednesday, the Client Receipts deposited into the Anago Escrow Account during the prior week (with a week running from Sunday through Saturday) which have cleared, less any funds owed to Franchisor or its affiliates for Royalties, Administrative Support fees, Insurance fees, accounting fees, service fees (bank fees, credit card fees, or other fees relating to billing and collections), advertising fees, late fees, temporary management fees, interest, and any other payments due to Franchisor its affiliates hereunder; and (ii) Franchisor will hold back in the Anago Escrow Account a portion of the funds sufficient to cover amounts Subfranchisor owes to it under this Agreement, as described in subsection (i).
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, client receipts deposited into the Anago Escrow Account are distributed to the Subfranchisor once per week, specifically on Wednesday. This distribution includes client receipts deposited during the prior week, after deducting any amounts owed to Anago for royalties, administrative support fees, insurance fees, and other applicable fees.
The week for these distributions runs from Sunday through Saturday. This means that payments received and deposited into the Anago Escrow Account from Sunday to Saturday are processed, and the Subfranchisor receives their distribution the following Wednesday.
This weekly distribution schedule provides a regular flow of funds to the Subfranchisor, but it's important to note that the amount received is net of various fees and deductions. The Subfranchisor is also responsible for paying their Unit Franchisees for services rendered to clients, typically around the 20th of each month following the service month.