When is the Dryer Vent Squad quality assurance audit fee due?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer 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 Dryer Vent Squad's 2024 Franchise Disclosure Document, the quality assurance audit fee is due "as invoiced." This means that Dryer Vent Squad will send an invoice to the franchisee for the actual costs they incurred to conduct the audit.
The FDD specifies that these audits may include mystery shopper programs, indicating that Dryer Vent Squad actively monitors the quality of service provided by its franchisees. The franchisee is responsible for covering the costs associated with these audits.
It is important to note that the franchisee is also responsible for the costs and expenses of re-inspections required by the quality assurance audit. This implies that if the initial audit reveals deficiencies, the franchisee will have to pay for subsequent inspections to verify that the issues have been resolved. This could potentially add to the overall cost of maintaining the franchise.