Is a Crawlspace Medic franchisee required to pay technology fees?

According to Crawlspace Medic's 2024 Franchise Disclosure Document, franchisees are required to pay technology fees. These fees cover various technology-related expenses necessary for operating the franchise. This includes costs associated with computer hardware and software, recurring software and internet access fees, license fees, help desk fees, and any licensing or user-based fees for a franchise portal or benchmarking platform.

The technology fee is currently set at 0.5% of the Gross Revenue per unit per month. This means that a franchisee's monthly technology fee will fluctuate depending on their gross revenue for that month. For example, if a Crawlspace Medic franchise generates $50,000 in gross revenue in a month, the technology fee for that month would be $250 (0.5% of $50,000).

It is important for prospective franchisees to understand that these technology requirements and associated fees are mandatory. They should factor these ongoing costs into their financial projections and business plans. Additionally, franchisees are responsible for maintaining adequate hardware and software to access the internet at the speed required by Crawlspace Medic and must use the electronic mail account provided by the franchisor for all business-related communications.