How will the cost of the Customer Feedback Program be determined for a Crawlspace Medic franchisee?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee 1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Insurance | Amount paid by us for your insurance obligations | As incurred | You must reimburse us for any insurance costs and other fees we incur due to your failure to meet the insurance obligations required by the Franchise Agreement. |
| Taxes | Amount of taxes | When incurred | You must reimburse us for any taxes that we must pay to any taxing authority on account of either the operation of your Franchised Business or payments that you make to us, including, but not limited to any sales taxes or income taxes imposed by any authority. |
| Customer Feedback Program | Your Share of Our Then Current Fee | When incurred | If and when we establish a customer feedback program, you will be responsible for your share of costs associated with the program. |
Source: Item 6 — OTHER FEES (FDD pages 10–16)
What This Means (2024 FDD)
According to the 2024 Crawlspace Medic Franchise Disclosure Document, if Crawlspace Medic establishes a customer feedback program, franchisees will be responsible for their share of the costs associated with the program. The exact amount will be "Your Share of Our Then Current Fee" and will be due "When incurred."
This means that the cost of the Customer Feedback Program for a Crawlspace Medic franchisee is not a fixed amount but rather a portion of the overall cost determined by Crawlspace Medic at the time the program is implemented. The FDD does not specify how the franchisee's share will be calculated (e.g., based on revenue, territory size, number of customers, etc.).
Prospective franchisees should inquire with Crawlspace Medic about the specifics of the Customer Feedback Program, including how the costs will be shared among franchisees, what the estimated costs might be, and what the program will entail. Understanding these details is crucial for budgeting and assessing the potential return on investment of the franchise.