factual

How many people's training tuition is included in the Chem Dry Initial Package?

Chem_Dry Franchise · 2024 FDD

Answer from 2024 FDD Document

RY 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.

    1. 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.
    1. 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, the Initial Package includes training tuition for two people to attend training. However, franchisees are responsible for all compensation, benefits, taxes, insurance, travel expenses, and living expenses incurred while attending the training program. Chem Dry may charge tuition for additional trainees and for training associated with the transfer of an existing franchise. As of the Effective Date, the tuition amount is $75.00 per day per attendee.

This means that while the initial franchise fee covers the cost of training for two individuals, any additional people will incur a tuition fee of $75 per day. The franchisee must also budget for all associated costs such as travel and accommodation for all attendees. This is a fairly standard practice in the franchise industry, where the initial franchise fee often covers basic training, but additional or specialized training comes at an extra cost.

If Chem Dry determines that the franchisee has failed to satisfactorily complete the training program, Chem Dry has the right to require the franchisee to attend the next initial training program at the franchisee's expense, including tuition and all other associated expenses. Alternatively, the franchisee may be required to view Chem Dry's web-based training or other media and pass the accompanying tests. Unsatisfactory performance in the additional training program or failure to complete the training may result in acceleration of the Business Note and immediate termination of the Franchise Agreement.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.