What is the definition of 'Gross Revenues' for a Dryject franchise?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
You must report to us your monthly Gross Revenues by the 15th of the following month. The term "Gross Revenues" means the amount of all receipts for the sale of any products or services by your Franchised Business and income of every other kind and nature related to the Franchised Business, whether for products or services, cash, exchange, or credit, regardless of collection in a case of credit, less any refunds; provided, however, that "Gross Revenues" will not include any sales taxes or other taxes collected by Franchise Owner for transmittal to the appropriate taxing authority.
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, Gross Revenues are defined as the total amount of all receipts from the sale of products or services by the franchised business. This includes income of every kind related to the franchised business, whether received in the form of cash, exchange, or credit, regardless of whether the payment has been collected in the case of credit transactions.
However, the definition of Gross Revenues for a Dryject franchise specifically excludes sales taxes or other taxes that the franchisee collects and then remits to the appropriate taxing authority. This means that franchisees do not pay royalties on the tax amounts they collect on behalf of the government.
Dryject franchisees must report their monthly Gross Revenues to the company by the 15th of the following month. This figure is critical because it is used to calculate the royalty service fee and national marketing fund contributions. Underreporting Gross Revenues by 5% or more can lead to an audit, and the franchisee may be required to pay a Non-Compliance Fee and the cost of the audit.