Will Aw provide franchisees with an annual statement of the Aw Marketing Fund?

According to Aw's 2025 Franchise Disclosure Document, Aw will provide franchisees with an annual statement of monies collected and costs incurred by the Marketing Fund. However, this statement is only furnished to the franchisee upon written request.

The Marketing Fund is a separate and distinct account from Aw's other funds. It is not used to defray any of Aw's general operating expenses, except for reasonable salaries, administrative costs, and overhead related to administering the Marketing Fund and its advertising, marketing, and promotional programs. Aw may spend more or less than the total contributions from Papa Ray's Pizza Restaurants in any fiscal year and may also borrow from lenders or invest any surplus for future use.

Interest earned on the Marketing Fund is used to pay for advertising, marketing, and promotional costs before other assets of the fund are used. This ensures that the fund's earnings are directly reinvested into marketing efforts. Franchisees should be aware that while Aw endeavors to use the Marketing Fund to benefit all Papa Ray's Pizza Restaurants, there is no guarantee that expenditures in any specific geographic area will be proportionate to the contributions from restaurants in that area, nor that any particular restaurant will directly benefit in proportion to its contribution.