factual

Besides the daily fee, what other expenses might Bombs Away charge for in-person support?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

ating problems you encounter.* If you request, we will provide advice to you (by telephone or electronic communication) regarding improving and developing your business, and resolving operating problems you encounter, to the extent we deem reasonable. If we provide in-person support in response to your request, we may charge a fee (currently $600 per day) plus any out-of-pocket

expenses (such as travel, lodging, and meals for our employees providing

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)

What This Means (2024 FDD)

According to the 2024 Bombs Away Franchise Disclosure Document, in addition to a daily fee of $600, Bombs Away may charge franchisees for out-of-pocket expenses related to in-person support. These expenses include travel, lodging, and meals for Bombs Away employees who provide on-site support. This means that if a franchisee requests in-person assistance to improve their business or resolve operational issues, they will be responsible for covering these additional costs.

This policy has significant financial implications for franchisees. While the $600 daily fee is a fixed cost, the additional expenses can vary widely depending on the distance traveled, the duration of the support needed, and the cost of lodging and meals in the franchisee's area. Franchisees should factor in these potential costs when budgeting for ongoing support and operational expenses. It is important to note that Bombs Away only provides in-person support to the extent they deem reasonable.

Prospective Bombs Away franchisees should inquire about the typical range of these out-of-pocket expenses to better understand the potential financial burden. They should also clarify the circumstances under which in-person support is most likely to be required and whether there are alternative, less costly options for resolving operational issues, such as remote support or training materials. Understanding these details will help franchisees make informed decisions about requesting and utilizing franchisor support.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.