What happens if a Benjamin Franklin Plumbing franchisee pays with a credit card?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
If we permit you to pay with a credit card, you agree to reimburse us for the resulting charges we incur, subject to applicable law.
Source: Item 23 — RECEIPTS (FDD pages 88–312)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, if the franchisor permits a franchisee to pay with a credit card, the franchisee must reimburse Benjamin Franklin Plumbing for the charges they incur as a result of the credit card transaction. This reimbursement is subject to applicable law.
This means that while Benjamin Franklin Plumbing may allow credit card payments in some instances, the franchisee will ultimately bear the cost of any transaction fees or charges associated with using a credit card. This is a fairly common practice, as these fees can add up and impact the franchisor's revenue if they were to absorb them.
Prospective franchisees should clarify with Benjamin Franklin Plumbing under what circumstances credit card payments are permitted and what the typical reimbursement charges are. Understanding these costs is essential for accurate financial planning and ensuring profitability.