What gross sales report must an Aw franchisee furnish and by what day of the week is it due?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree to furnish us in the form and in the manner we prescribe from time to time: (1) by Tuesday of each week a report of the Gross Sale of the Papa Ray's Pizza Restaurant for the preceding Monday through Sunday; (2) within ten (10) days of the end of each month, a profit and loss statement for the preceding calendar month and a year to date profit and loss statement and balance sheet; (3) within seventy-five (75) days after the end of your fiscal year, a fiscal year-end balance sheet and an annual profit and loss statement for that fiscal year, reflecting all year-end adjustments; (4) within ten (10) days of the end of each calendar quarter, exact copies of all sales tax returns; and (5) on or before April 25 of each year, exact copies of such portions of your and your Owners' state and federal income tax return as reflect the operation of your Papa Ray's Pizza Restaurant.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, franchisees are required to submit a weekly report detailing the Gross Sales of their Papa Ray's Pizza Restaurant. This report must cover the sales from the preceding Monday through Sunday.
The report must be furnished in the format and manner prescribed by Aw. It is due by Tuesday of each week. This means Aw needs to receive the sales information relatively quickly after the close of the Sunday sales period.
In addition to the weekly gross sales report, Aw franchisees must also provide other financial statements, including monthly profit and loss statements, year-end balance sheets, and copies of sales tax returns. These regular reporting requirements allow Aw to monitor the financial performance of its franchises and ensure compliance with the franchise agreement.