What is the latest day of the week that the Canine Dimensions Royalty fee must be paid?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty | 11% of Gross Sales or the Minimum Royalty ($250 per week), whichever is greater. (Note 2) | Payable on Tuesday of each week, via ACH (Note 3) | Royalty Fees are payable by automatic debit, and funds must be made available in your account for withdrawal. Royalties will be assessed after you have been operating for 30 days. |
| Internet Advertising | $1,000 per month. | Payable monthly on the st day of each month, via 1 ACH | You must participate in our Internet marketing program (which we administer for you). |
| Transfer Fee | $10,000, plus our reasonable attorneys' fees related to such transfer | At the time of transfer | Applicable only if you choose to transfer your Franchise Agreement. We will not charge a fee for a one-time transfer to a corporate entity formed by you for the convenience of ownership. |
Source: Item 6 — OTHER FEES (FDD pages 10–13)
What This Means (2025 FDD)
According to Canine Dimensions's 2025 Franchise Disclosure Document, the Royalty fee is due on Tuesday of each week. This payment must be made via ACH, meaning an automatic debit from the franchisee's account. Canine Dimensions requires that franchisees ensure funds are available for withdrawal on this day.
The royalty fee is calculated as 11% of Gross Sales or a minimum of $250 per week, whichever is greater. Gross Sales includes all revenue from services and other income related to the franchised business, but excludes discounts, refunds, and sales or use taxes.
It's important to note that Canine Dimensions will begin assessing royalties after the franchisee has been operating for 30 days. Additionally, if a franchisee fails to report their Gross Sales, Canine Dimensions may debit the account for 120% of the last Royalty debited. If this amount is less than what is actually owed, Canine Dimensions will debit the account for the balance. Conversely, if the debited amount is greater, the excess will be credited against the following week's debit.