How are credit card processing fees generally calculated for a Deer Solution franchise?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Credit Card Processing You must use our designated supplier and vendor for credit card processing which may be integrated with the business management system that we designate. Credit card processing fees will, generally, be based on a percentage of all credit card processed Gross Sales.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–27)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, franchisees must use the franchisor's designated supplier and vendor for credit card processing, which may be integrated with the business management system. The FDD states that credit card processing fees will generally be based on a percentage of all credit card processed Gross Sales.
This means that a portion of each credit card transaction will be charged as a fee. The exact percentage is not specified in the FDD, but it is common practice for franchisors to negotiate rates with processing companies and pass those rates on to franchisees.
As a prospective franchisee, it is important to ask Deer Solution for specific details on these fees, including the percentage charged, any additional transaction fees, and whether these fees are subject to change. Understanding these costs is essential for accurate financial planning.