What administrative fee does Care Plus Medical UCC charge for curing a franchisee's default?

According to Care Plus Medical UCC's 2024 Franchise Disclosure Document, if a franchisee is in default and takes action to cure it, they will be responsible for reimbursing Care Plus Medical UCC for all associated costs and expenses. This reimbursement includes not only the direct costs incurred by Care Plus Medical UCC but also an allocation of any internal costs related to addressing the default.

In addition to covering the costs and expenses, Care Plus Medical UCC charges an administrative fee of 10% on top of the total costs. This administrative fee is intended to compensate Care Plus Medical UCC for the time and resources spent managing and resolving the franchisee's default.

This policy means that franchisees need to be aware that curing a default can be financially burdensome, as they will not only need to rectify the initial issue that led to the default but also cover Care Plus Medical UCC's expenses and an additional 10% administrative fee. Franchisees should, therefore, strive to maintain compliance with the franchise agreement to avoid incurring these additional costs.