What is the definition of a 'Cooperative' for Cd One Price Cleaners?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 4: We may designate a geographic area in which 2 or more CD Stores are located as an area for an advertising cooperative (a "Cooperative"). The Cooperative's members are the owners of all CD Stores operating in the area, including us and our affiliates, if applicable. All material decisions of the Cooperative, including contribution levels (which also require our approval), will require the affirmative vote of 51% of all CD Stores operating within the Cooperative's area (including those that we and our affiliates operate, if applicable), with each store receiving one vote. There are currently no advertising cooperatives in the CD Store network.
Source: Item 6 — Other Fees (FDD pages 13–20)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, a Cooperative is defined as a geographic area designated by Cd One Price Cleaners in which two or more Cd One Price Cleaners stores are located for the purpose of advertising. The members of the Cooperative are the owners of all Cd One Price Cleaners stores operating in that designated area, which may include Cd One Price Cleaners and its affiliates, if applicable.
All material decisions of the Cooperative, including the levels of contribution, require the approval of Cd One Price Cleaners and an affirmative vote of 51% of all Cd One Price Cleaners stores operating within the Cooperative's area. Each store, including those operated by Cd One Price Cleaners and its affiliates, receives one vote.
As of the FDD date, there are no advertising cooperatives in the Cd One Price Cleaners network. This means that currently, franchisees are not required to participate in or contribute to a Cooperative advertising program. However, Cd One Price Cleaners retains the right to establish these cooperatives in the future, which could impact franchisees in areas where such cooperatives are formed.