What do the technology fees for a Crawlspace Medic franchise cover?

According to the 2024 Crawlspace Medic FDD, franchisees are required to pay technology fees to cover various technology-related expenses. These fees encompass the costs of computer hardware and software, recurring charges for software and internet access, license fees, help desk fees, and licensing or user-based fees for a franchise portal or benchmarking platform. Currently, this technology fee is 0.5% of Gross Revenue per unit per month.

This means that a Crawlspace Medic franchisee must budget for these ongoing technology expenses, which are calculated as a percentage of their gross revenue. The fees ensure that franchisees have access to the necessary technology and support to operate their business effectively, including software, internet connectivity, and technical assistance.

It's important to note that the franchisor may require franchisees to enter into software license agreements for software developed or acquired for use in the Crawlspace Medic system, such as the Vonigo software. Additionally, franchisees must maintain adequate hardware and software to access the internet at the speed required by the franchisor and utilize the electronic mail account provided by the franchisor for communication purposes. Franchisees should consider these technology requirements and associated costs when evaluating the overall investment and operational expenses of a Crawlspace Medic franchise.