To whom do Dryer Vent Squad franchisees pay Quality Assurance Audit Fees?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
- (4) Quality Assurance Audit Fees Franchisee shall pay to Franchisor, Franchisor's affiliates, or Franchisor's designees on-going weekly, monthly, and/or per use fees related to quality assurance programs designated by Franchisor related to periodic inspections of Franchisee's Dryer Vent Squad Business and secret shopper evaluations.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to the 2024 Dryer Vent Squad Franchise Disclosure Document, franchisees are required to pay Quality Assurance Audit Fees to several possible entities. These fees are paid to Dryer Vent Squad, Dryer Vent Squad's affiliates, or Dryer Vent Squad's designees.
These fees cover ongoing weekly, monthly, and/or per-use charges related to quality assurance programs. These programs include periodic inspections of the franchisee's Dryer Vent Squad Business and secret shopper evaluations.
It is important for prospective franchisees to understand that these fees are in addition to other fees outlined in the agreement. Franchisees should budget for these ongoing costs and inquire about the frequency and scope of these quality assurance programs to fully understand the financial implications.