What are Management Service Fees in relation to Deck Medic?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
provide management services at any time.
- (2) If Franchisee is a Corporate Entity, upon the death or permanent disability of Franchisee's Managing Owner, the remaining Owners within a reasonable time, which shall not exceed 30 days from the date of death or permanent disability, must appoint a new Managing Owner that is approved by Franchisor. The appointed Managing Owner must attend and successfully complete the Training Program within 60 days of the appointment. If Franchisee's Deck Medic Business is not being managed by a Franchisor approved Managing Owner (as applicable) within 30 days after such death or permanent disability, Franchisor is authorized, but is not required, to immediately appoint a manager to maintain the operations of Franchisee's Deck Medic Business for, and on behalf of, Franchisee at Franchisee's sole costs until an approved Managing Owner is able to assume the management and operation of Franchisee's Deck Medic Business. Franchisor's appointment of a manager for Franchisee's Deck Medic Business does not relieve Franchisee of its obligations under this Agreement, including this Article 14.D., or constitute a waiver of
Franchisor's right to terminate this Agreement pursuant to Article 16, below.
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, if a franchisee's business is not being managed by an approved manager, Deck Medic is authorized to appoint a manager to maintain operations on behalf of the franchisee, at the franchisee's sole cost. This situation typically arises if the franchisee, or in the case of a corporate entity, the managing owner, dies or becomes permanently disabled and a replacement is not approved within 30 days.
Deck Medic has the right to charge a reasonable fee, referred to as "Management Service Fees," for these management services. Deck Medic also retains the right to discontinue providing these management services at any time.
It's important to note that even when Deck Medic appoints a manager, the franchisee remains responsible for all obligations under the franchise agreement. Deck Medic will not be liable for any debts, losses, costs, or expenses incurred during the operations of the franchisee's Deck Medic business, even while under the management of Deck Medic's appointed manager.