What is the current technology fee for a Crawlspace Medic franchise?

According to Crawlspace Medic's 2024 Franchise Disclosure Document, franchisees must pay technology fees and expenses, including costs for computer hardware and software, recurring software and internet access fees, license fees, help desk fees, and licensing or user-based fees for a franchise portal or benchmarking platform. Currently, the technology fee is 0.5% of gross revenue per unit per month.

This ongoing technology fee is a percentage of gross revenue, meaning the amount paid will fluctuate with sales. It is important for prospective franchisees to factor this monthly expense into their financial projections. The FDD specifies that this fee covers various technology-related costs, including software, internet access, and support, which are essential for operating the Crawlspace Medic franchise.

Franchisees are also required to maintain adequate hardware and software to access the internet at the speed required by Crawlspace Medic and must utilize the electronic mail account provided by the franchisor. They must also promptly read and respond to all electronic mail related to the franchised business no less often than on a daily basis and shall accept and acknowledge receipt of all electronic mail sent by Franchisor. Franchisees are restricted from establishing any website or other listing on the Internet except as provided and specifically permitted by Crawlspace Medic.