factual

What are the fees paid to suppliers that Bombs Away franchisees can expect?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of Fee Amount Due Date Remarks
Currently, $30-$100 We require you to use certain software as
per staff member, described in Item 11. You pay
per month; also subscription/technology fees directly to
fees paid to us.
suppliers: $35 up to
5 vehicles per month
or $8/vehicle/mo for
GPS tracking,
$25/month for single
user for phone
system paid; $25 per
background check;
$25/month
Quickbooks Online;
optional payroll
supplier fee
$80based on
number of
employees
Pass-through of Varies We have the right to require franchisees to
costs, plus use third-party vendors and suppliers that
reasonable we designate. Examples can include
administrative computer support vendors, mystery
charge. Currently, shopping, and customer feedback systems.
none. The vendors and suppliers may bill
franchisees directly, or we have the right
to collect payment for these vendors
together with a reasonable markup or
charge for administering the payment
program.

Source: Item 6 — OTHER FEES (FDD pages 9–13)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, franchisees can expect to pay fees to suppliers for various services. These fees include $35 up to 5 vehicles per month or $8 per vehicle per month for GPS tracking. Additionally, there is a $25 per month fee for a single user phone system, a $25 per background check, and $25 per month for Quickbooks Online. There is also an optional payroll supplier fee of $80, which is based on the number of employees.

Bombs Away franchisees are also required to use certain software, and they will pay subscription/technology fees directly to Bombs Away. The FDD also mentions that Bombs Away has the right to require franchisees to use designated third-party vendors and suppliers for services like computer support, mystery shopping, and customer feedback systems. These vendors and suppliers may bill franchisees directly, or Bombs Away may collect payment for these vendors, potentially with a reasonable markup or charge for administering the payment program.

It is important for prospective Bombs Away franchisees to understand these supplier fees as they contribute to the overall cost of running the franchise. Franchisees should inquire about the specific software and third-party vendors required, as well as any potential markups or administrative charges Bombs Away may apply. Understanding these costs upfront will help franchisees budget accurately and manage their expenses effectively.

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.