What period does the weekly gross sales report for an Aw franchise cover?
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 must submit a weekly gross sales report. This report must detail the gross sales of the Papa Ray's Pizza Restaurant for the period covering the preceding Monday through Sunday. Aw requires franchisees to submit this report by Tuesday of each week.
This weekly reporting requirement allows Aw to monitor the financial performance of each franchise unit closely. It also ensures timely calculation and payment of royalty fees and marketing fund contributions, which are based on a percentage of gross revenue. Franchisees must maintain accurate sales records to comply with this reporting obligation.
Submitting the report on time is crucial, as failure to do so can trigger audits and potential penalties. Aw retains the right to inspect and audit a franchisee's records, and underreporting gross revenue can lead to additional payments, interest charges, and reimbursement of audit costs. Therefore, Aw franchisees should establish robust accounting practices to accurately track and report their weekly gross sales.