What expenses are Chem Dry franchisees responsible for when attending the initial training program?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
HEM-DRY Business. If FRANCHISEE is a transferee, FRANCHISEE must complete the training required in this section 3.A. within ninety (90) days of FRANCHISEE'S execution of this Agreement by attending a training session in Logan, Utah or at another location designated by CDI.
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- FRANCHISEE is responsible for all compensation, benefits, taxes, insurance, travel expenses and living expenses which are incurred in connection with attending the training program. The Initial Package includes training tuition for two people to attend training. CDI may charge tuition for additional trainees and for training associated with the transfer of an existing franchise. The tuition amount as of the Effective Date is $75.00 per day per attendee.
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- If CDI determines, in its sole discretion, that FRANCHISEE failed to satisfactorily complete the training program, CDI shall have the right to require that FRANCHISEE attend the next initial training program at FRANCHISEE'S expense (including tuition charged by CDI and all compensation, benefits, taxes, insurance, travel and living expenses incurred), or that FRANCHISEE view CDI's web-based training or other media and pass the accompanying test(s). If FRANCHISEE'S performance in the additional training
Source: Item 23 — Receipts (FDD pages 68–264)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, franchisees are responsible for specific expenses related to attending the initial training program. These expenses include compensation, benefits, taxes, insurance, travel expenses, and living expenses. The initial package covers the training tuition for two people. However, Chem Dry may charge tuition for additional trainees or for training associated with the transfer of an existing franchise. As of the effective date of the FDD, the tuition amount is $75.00 per day per attendee.
If Chem Dry determines that a franchisee has not satisfactorily completed the training program, the franchisee may be required to attend the next initial training program at their own expense. This includes tuition charged by Chem Dry, as well as all compensation, benefits, taxes, insurance, travel, and living expenses. Alternatively, the franchisee may be required to view Chem Dry's web-based training or other media and pass the accompanying tests.
Failure to satisfactorily complete the additional training program or failure to complete the training at all can result in serious consequences. Chem Dry can accelerate the Business Note signed in connection with the Franchise Agreement, making it immediately due and payable. Additionally, Chem Dry has the right to terminate the Franchise Agreement effective immediately. This highlights the importance of franchisees being prepared to cover all associated costs and fully engage with the training program to meet Chem Dry's standards.