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What is the condition that triggers the Dryer Vent Squad quality assurance audit fee?

Dryer_Vent_Squad Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of (Note 1) Amount Due Date Remarks
including audit, legal, travel and reasonable accommodations.
Quality Assurance Audit Actual costs incurred by us As invoiced Payable if we engage a third party to perform periodic quality assurance audits, including mystery shopper programs.
Collections Actual fees, costs, and expenses On demand For costs and expenses incurred by us in collecting fees due to us, and/or to enforce the terms of the franchise agreement or a termination of the franchise agreement. Includes costs and expenses of re-inspections required by quality assurance audit.

Source: Item 6 — OTHER FEES (FDD pages 16–21)

What This Means (2024 FDD)

According to the 2024 Dryer Vent Squad Franchise Disclosure Document, a franchisee may be subject to a quality assurance audit fee. This fee is triggered when Dryer Vent Squad engages a third party to perform periodic quality assurance audits, which may include mystery shopper programs. The franchisee is responsible for paying the actual costs incurred by Dryer Vent Squad for these audits, and payment is due as invoiced.

In addition to the direct costs of the audit, the franchisee may also be responsible for costs and expenses of re-inspections required by the quality assurance audit. These re-inspection costs fall under the 'Collections' fees, which cover expenses incurred by Dryer Vent Squad to enforce the franchise agreement.

This means that if a Dryer Vent Squad franchisee's business is selected for a quality assurance audit (potentially through a mystery shopper program), they will have to pay for the cost of that audit. Furthermore, if the audit reveals issues requiring re-inspection, the franchisee will also bear those additional costs. Franchisees should maintain high standards to avoid triggering these audits and associated fees.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.