Where in the Deck Medic FDD can I find information about the royalty fees?

According to Deck Medic's 2024 Franchise Disclosure Document, the definitions related to royalty fees can be found in Article 5.B of the Franchise Agreement. Specifically, the FDD mentions that the definitions for "Royalty and Activity Report", "Royalty Fee", and "Royalty Rate" are all detailed in Article 5.B of the agreement.

For a prospective Deck Medic franchisee, this means that to understand the specifics of how royalties are calculated, when they are due, and what reports are required, they must refer to Article 5.B of the Franchise Agreement. This section will likely outline the percentage of gross sales or other methods used to determine the royalty fee, as well as the frequency of payments (e.g., weekly, monthly). It will also likely describe the format and content of the Royalty and Activity Report that franchisees must submit.

It is important for potential franchisees to carefully review Article 5.B to fully understand their ongoing financial obligations to Deck Medic. Franchisees should also seek clarification from the franchisor on any aspects of the royalty structure that are unclear or require further explanation. Understanding these obligations is crucial for assessing the profitability and financial viability of the franchise.