Does Chem Dry reserve the right to modify its fees for the Service?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
o changing business circumstances. CDI will notify you of any changes to the Agreement, and your continued use of the Service will constitute your acceptance of the revised Agreement.
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- Fees. You agree to pay the then-current fees charged by CDI for the Service. Additional fees may apply for optional features of the Service; and may apply in the event you elect to transfer from one level of the Service to another.
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, Chem Dry, Inc. (CDI) retains the right to modify the fees charged for its services. As a Chem Dry franchisee, you agree to pay the then-current fees for the service. Additional fees may apply for optional features or if you choose to change service levels.
Chem Dry will notify franchisees of any changes to the Software License Agreement, and continued use of the service constitutes acceptance of the revised agreement. This means that if Chem Dry modifies its fees, your continued use of the service implies that you agree to the new fee structure.
This clause gives Chem Dry the flexibility to adjust fees as needed, which could be due to market conditions, increased costs, or other business factors. While this benefits Chem Dry, it also means that franchisees must be prepared for potential fee changes and factor this into their financial planning. It is important to stay informed of any updates from Chem Dry regarding service fees to avoid any surprises.