What is the name of the addendum discussed in the Cd One Price Cleaners FDD?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
gnature] [Print Name] [Signature] [Print Name]
EXHIBIT B-3
PUD ADDENDUM
CLEANERS DEPOT FRANCHISE, LLC PICKUP AND DELIVERY ADDENDUM
| This | Pickup | and | Delivery | Addendum | (the | "Addendum") | with | an | effective | date | of |
|---|---|---|---|---|---|---|---|---|---|---|---|
| , 202 (the "Effective Date"), is made by and among Cleaners Depot | |||||||||||
| Franchise, LLC, a Nevada limited liability company, with its principal place of business One Mid America | |||||||||||
| Plaza, Suite 125, Oakbrook Terrace, IL 60181 ("Franchisor"), Clean on Wheels, LLC, an Illinois limited | |||||||||||
| liability company, with its principal place of business at One Mid America Plaza, Suite 125, Oakbrook | |||||||||||
| Terrace, IL 60181 ("COW"), and with a principal place of business at | |||||||||||
| ("Franchisee"). |
R E C I T A L S:
- A.
Source: Item 22 — Contracts (FDD page 72)
What This Means (2025 FDD)
According to the 2025 Cd One Price Cleaners FDD, there are two addenda discussed: the Satellite Store Addendum and the Pickup and Delivery Addendum (PUD Addendum). The Satellite Store Addendum pertains to franchisees operating a smaller, non-production satellite store, while the PUD Addendum outlines the terms and conditions for franchisees offering pickup and delivery services.
The Satellite Store Addendum allows a franchisee to operate a store that collects and returns garments without on-site dry cleaning equipment. The production support comes from a full-production CD Store, referred to as the "Plant Store".
The PUD Addendum details the agreement between Cleaners Depot Franchise, LLC, Clean on Wheels, LLC (COW), and the franchisee for providing pickup and delivery services. It covers aspects such as fees, marketing fund contributions, technology fees, and customer success management. Franchisees are required to remit a percentage of Gross PUD Revenue to both the franchisor and COW to cover royalties, marketing, and technology costs.