What is the monthly cost for GPS tracking for Bombs Away vehicles, and what are the options?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| 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. | |||
| 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, |
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, franchisees are required to pay for GPS tracking. The monthly cost for GPS tracking is either $35 for up to 5 vehicles or $8 per vehicle per month.
This fee is paid to suppliers, and Bombs Away requires franchisees to use certain software, with subscription/technology fees paid directly to them. This means franchisees must budget for this ongoing operational expense, which can vary depending on the size of their fleet.
Franchisees should consider the number of vehicles they plan to operate when evaluating the overall cost of this franchise. Understanding the specific GPS tracking requirements and the software involved is crucial for accurate financial planning.