For Bens Soft Pretzels franchisees using recurring payments, will they receive a receipt for each payment?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
You authorize regularly scheduled charges to your checking or savings account. You will be charged the amount indicated below each billing period. A receipt for each payment will be emailed to you and the charge will appear on your bank statement as an "ACH Debit." You agree that no prior-notification will be provided unless the date or amount changes, in which case you will receive notice from us at least 10 days prior to the payment being collected.
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels Franchise Disclosure Document, franchisees who enroll in the ACH recurring payment program will receive a receipt for each payment. The FDD states that a receipt will be emailed to the franchisee for each payment. Additionally, the charge will appear on the franchisee's bank statement as an "ACH Debit".
This automatic payment system is designed for convenience, saving franchisees time and postage, and ensuring payments are always on time, even when the franchisee is out of town, thereby eliminating late charges.
Franchisees will receive notification from Bens Soft Pretzels at least 10 days before a payment is collected if the date or amount of the payment changes. This prior notification allows franchisees to anticipate any variations in their scheduled payments and manage their finances accordingly.
It is important for prospective franchisees to understand the terms and conditions of the ACH Recurring Payment Authorization Form, including how to cancel the authorization, what happens in the event of Non-Sufficient Funds (NSF), and the agreement not to dispute recurring billings with their bank as long as the transactions correspond to the terms indicated in the authorization form.