How is the Crawlspace Medic franchisee's share of the Customer Feedback Program fee determined?
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 FDD does not specify how Crawlspace Medic will determine each franchisee's share of the Customer Feedback Program fee. The FDD only states that the franchisee is responsible for "Your Share of Our Then Current Fee" and that it is due "When incurred".
A prospective Crawlspace Medic franchisee should seek clarification from the franchisor regarding the specific formula or criteria used to calculate a franchisee's portion of the Customer Feedback Program fee. Understanding how this fee is determined is essential for accurate financial planning and assessing the overall cost of operating a Crawlspace Medic franchise.