Is the Dryer Vent Squad annual conference attendance fee currently assessed?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Annual Conference Attendance (Note 10) | Our then current conference fee, but not greater than $1,500. Currently not assessed. | When invoiced | Applies to conference fee for an annual System conference. |
Source: Item 6 — OTHER FEES (FDD pages 16–21)
What This Means (2024 FDD)
According to the 2024 Dryer Vent Squad Franchise Disclosure Document, the annual conference attendance fee is currently not assessed. While Dryer Vent Squad has the right to charge a conference fee, the FDD indicates that it is not doing so at this time.
However, Dryer Vent Squad retains the right to charge this fee in the future, with a maximum amount of $1,500. This fee would be invoiced to the franchisee. The conference is an annual System conference.
It is important to note that even if the attendance fee is not assessed, franchisees are responsible for all their own travel and lodging expenses related to attending the annual conference. The FDD also states that Dryer Vent Squad requires franchisees to attend the annual conference and reserves the right to charge the Annual Conference Attendance Fee to those franchisees that do not attend. Dryer Vent Squad will not require attendance for more than five days during any calendar year.