factual

What might Dryer Vent Squad request from a potential new supplier?

Dryer_Vent_Squad Franchise · 2024 FDD

Answer from 2024 FDD Document

plies and services from suppliers who meet our specifications and standards.

If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information that we may request. We may charge you a supplier review and testing fee and we may request that you send us samples from the supplier for testing and documentation from the supplier for evaluation. We may also require, subject to our discretion, that we be allowed to inspect the supplier's facilities. We will notify you of our approval or disapproval within a reasonable time, not to exceed 60 days, after we receive your written request for approval and all additional information and samples that we may request. We may, in our discretion, withhold our approval. When evaluating the approval of a particular supplier, among other things, we consider: whether the supplier can demonstrate to our reasonable satisfaction the ability to meet our standards, specifications and production requirements, the suppliers quality control, whether or not we are the exclusive supplier of the particular item, whether or not our affiliate or affiliates are the exclusive supplier of the particular item, and whether or not the suppliers approval, in our sole determination, will allow us to advance the overall interests of the System. If we

have previously approved a supplier, and their standards fall below our designated standards, we will revoke our approval. We will notify you in writing of us revoking our approval.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 24–28)

What This Means (2024 FDD)

According to Dryer Vent Squad's 2024 Franchise Disclosure Document, if a franchisee wants to purchase or lease a source restricted item from a supplier not already approved by Dryer Vent Squad, the franchisee must submit a written request for approval. Dryer Vent Squad may then request additional information from the franchisee.

Dryer Vent Squad might charge the franchisee a supplier review and testing fee. They may also request samples from the supplier for testing and documentation for evaluation. Subject to their discretion, Dryer Vent Squad may also require an inspection of the supplier's facilities.

Dryer Vent Squad will notify the franchisee of their decision within a reasonable time, not exceeding 60 days, after receiving the written request, information, and samples. Approval is not guaranteed, as Dryer Vent Squad may withhold it at their discretion. In evaluating a supplier, Dryer Vent Squad considers the supplier's ability to meet their standards, specifications, and production requirements, their quality control, and whether Dryer Vent Squad or its affiliates are the exclusive supplier of the item. Dryer Vent Squad also considers whether approving the supplier will advance the overall interests of the Dryer Vent Squad system.

If a previously approved supplier's standards fall below Dryer Vent Squad's designated standards, Dryer Vent Squad will revoke the approval and notify the franchisee in writing.

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.