How often is the Technology Fee for Cd One Price Cleaners due?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Technology Fee | 5% of Gross PUD Revenues | Weekly on the day of the week we specify | We may change these methods of calculating and paying this fee for you and all similarly situated CD Store franchisees upon 60 days’notice |
Source: Item 6 — Other Fees (FDD pages 13–20)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the Technology Fee is due weekly. Specifically, it is due on the day of the week that Cd One Price Cleaners specifies. The amount of the Technology Fee is 5% of Gross PUD Revenues.
Cd One Price Cleaners retains the right to modify the calculation and payment methods for this fee. They will provide franchisees with a 60 days' notice before implementing any changes. This allows Cd One Price Cleaners to adapt the fee structure as needed, but also gives franchisees some time to prepare for any adjustments.
As a prospective franchisee, it's important to factor this weekly fee into your financial projections. You should also stay informed of any potential changes to the fee structure by maintaining open communication with Cd One Price Cleaners. Understanding how Gross PUD Revenues are calculated, as defined in Note 2, is also crucial for accurate financial planning.